India, as Chair of the Kimberley Process (KP) for 2026, has flagged key priorities concerning the global diamond industry, including responsible rough diamond sourcing as part of its outreach ahead of the KP Plenary to be held in Delhi from November 30 to December 4, according to a statement issued by the Commerce Ministry on Thursday.

The issue was discussed at a stakeholder consultation in Angola’s Luanda on Tuesday, chaired by Additional Secretary Yashvir Singh on India’s behalf, which brought together the Chairs and Vice-Chairs of KP Working Groups and Committees (KP Working Bodies), the KP Vice-Chair (of Ghana), and the former KP Chair (of the United Arab Emirates). Representatives of observers and partner organisations, including the World Diamond Council and the African Diamond Producers’ Association (ADPA), also participated in the discussion, the statement said.

India has observer status in the ADPA, providing an institutional platform for engagement with African diamond-producing countries. This offers opportunities for cooperation in securing rough diamond supply chains, technical knowledge exchange, value addition, market access and the promotion of ethical and sustainable practices.

The 13th Extraordinary Meeting of the ADPA Council of Ministers, held alongside the 20th anniversary celebrations, approved a Memorandum of Understanding (MoU) between the Gem & Jewellery Export Promotion Council (GJEPC), India, and the ADPA. The MoU seeks to strengthen cooperation between the Indian gem and jewellery industry and African diamond-producing countries, including through capacity building and skills development in diamond sorting, valuation and manufacturing, exchange of technical expertise, and the promotion of trade and investment linkages across the diamond value chain, the statement said.

Yashvir Singh said: “India’s chairship places emphasis on confidence, compliance and credibility. The consultation in Luanda provided an opportunity to engage directly with the leadership of the KP working bodies, the KP Vice-Chair and observers on issues that are important to the future of the Process and the diamond industry. Our endeavour is to build a shared understanding of the issues before the New Delhi Plenary and to advance practical outcomes through constructive dialogue and consensus-based decision-making.”

Discussions covered the sustainability of diamond-producing countries and communities, sustainable funding and continuity of the KP Secretariat, digitalisation of certification and statistical processes, and strengthening compliance with the Kimberley Process Certification Scheme.

Participants also exchanged views on the reform of the conflict diamond definition, responsible sourcing, artisanal and alluvial diamond production, consumer confidence and the importance of effective reporting and peer-review mechanisms.

The ADPA, established in 2006 in Luanda, seeks to enhance cooperation among African diamond-producing nations. It effectively comprises 15 member countries and 8 observers, including two non-African observers, namely Russia and India. Its member countries collectively account for over 60 per cent of global diamond production.

With US midterm elections about to conclude, tensions between Washington and Tehran remained high as both sides exchanged warnings and conditions for a possible settlement, while regional countries stepped up diplomatic efforts to prevent renewed hostilities.

Chief of Staff of the Iranian Armed Forces Ali Abdollahi warned Tuesday that Iran’s armed forces would respond to any level or type of threat from the United States and Israel immediately and “without geographical limitations.”

Meanwhile, Secretary of Iran’s Supreme National Security Council Mohsen Rezaei said in a post on social media platform X that the US response to Iran’s demands was not convincing, Xinhua news agecy reported.

“They must completely and explicitly address Iran’s seven conditions and act upon them. Only in this case the Strait of Hormuz will be reopened,” Rezaei said.

Iran conveyed a plan to the United States through mediators on September 22 to end hostilities and reopen the Strait of Hormuz within seven days if its conditions were met.

Iranian Foreign Ministry spokesman Esmaeil Baghaei said Monday that Iran had reduced the period for implementing the seven-day plan to two days in good faith.

US President Donald Trump said Monday that he was “in no rush” to decide whether to resume military action against Iran.

“One way or the other, we will do something, but there is no rush. We crippled them financially,” Trump said in a phone interview with Axios.

Trump later wrote on Truth Social that Iran wanted a settlement and that one could happen soon.

Axios reported that Trump was weighing three possible courses of action: reaching a diplomatic deal, resuming military action, or maintaining maximum economic pressure without a deal or renewed hostilities.

US Vice President JD Vance and White House envoy Steve Witkoff favor diplomacy, while Israeli Prime Minister Benjamin Netanyahu and US Secretary of Defence Pete Hegseth are pushing for renewed military operations. Treasury Secretary Scott Bessent, CIA Director John Ratcliffe and Secretary of State Marco Rubio favor maintaining the current “no war, no deal” status quo, the report said.

The Wall Street Journal (WSJ) reported Monday that Trump was leaning toward launching a large-scale attack on Iran after the midterm elections, potentially targeting Iranian infrastructure and nuclear facilities, although no final decision had been made.

Qatari Foreign Ministry spokesperson Majed Al Ansari said Tuesday that the United States and Iran were reviewing proposals to end their conflict, but differences remained unresolved.

He told a weekly press briefing that a Qatari delegation had returned from Tehran on Monday evening after more than three hours of talks with Iranian officials.

Qatar was relaying proposals in coordination with Pakistan, Gulf Cooperation Council countries and other regional and international partners, he said, adding that no concrete breakthrough had been achieved.

Also on Tuesday, Egyptian President Abdel Fattah El-Sisi urged the United States and Iran to show maximum flexibility and seek a political settlement.

At a joint press conference in Cairo with visiting Slovenian President Natasa Pirc Musar, he called on the two sides to “create space for understanding and dialogue” and pledged Egypt’s continued efforts with regional and international partners to de-escalate tensions.

Egyptian Foreign Minister Badr Abdelatty and his Iranian counterpart Seyed Abbas Araghchi made a phone call on Tuesday evening and discussed regional efforts to de-escalate tensions and reach a comprehensive deal addressing all parties’ concerns, the Egyptian Foreign Ministry said.

Despite diplomatic efforts, military tensions have persisted.

The United States attacked Iran’s strategic Qeshm Island in the Strait of Hormuz on Monday, The WSJ reported, citing US officials.

Iran’s Islamic Revolution Guard Corps said late Monday that its air defense systems had intercepted three US drones in the country’s southern airspace, identifying two of them as MQM-170 Outlaw drones, which it said were intercepted over Qeshm Island, and the third as an MQ-9 Reaper, which it said was shot down in waters east of the Strait of Hormuz.

The strikes were part of a series of limited attacks Washington had secretly carried out against Iran in recent weeks while President Trump was touting the possibility of a diplomatic deal, the WSJ report said.

Washington did not publicly announce the strikes to avoid signaling a resumption of major combat operations, one US official was quoted as saying.

Iran signalled that it could reopen the Strait of Hormuz and resume diplomatic negotiations within two days if the United States meets its demands, even as Washington and Tehran exchanged renewed warnings over potential military escalation.

Iran’s Foreign Ministry spokesman, Esmaeil Baghaei, said on Monday that Iran has reduced the period for implementing the seven-day plan proposed by Tehran in September to two days, in good faith.

He noted, “We have announced that if Iran’s demands are met, the possibility will exist to restore security to the Strait of Hormuz and start the negotiation process in a short period of time,” stressing that all these depend on the American side’s decision on how to proceed regarding the future of the process.

In tandem with the ministry’s announcement, Iran’s President Masoud Pezeshkian said Monday that his administration is committed to resolving challenges through dialogue, noting that Supreme Leader Mojtaba Khamenei has granted the government certain authorities to pursue diplomatic solutions.

He stressed that no one benefits from war, adding that the “enemies” will not be able to make Iran surrender.

Concurrently, Iran’s Foreign Minister Seyed Abbas Araghchi said consultations mediated by Qatar and Pakistan have become “extremely intensive,” involving frequent delegation visits, phone conversations and message exchanges.

Reaffirming Iran’s readiness for both diplomacy and defense, Araghchi warned that any further military escalation by Washington would draw a “far more bitter and severe” response.

The diplomatic maneuvers unfold amid mixed signals from Washington over its next move on Iran.

Tehran reportedly received a letter from US Vice President JD Vance on Thursday, sent at Trump’s direction, calling for the resumption of peace negotiations. Iran described the shift in Washington’s tone reflected in the letter as “a good sign.”

However, US President Donald Trump on Sunday again threatened to resume military action against Iran “at some point,” telling a campaign rally in Iowa that Washington would eventually have to “give them the hammer.”

He was reportedly urged by Israeli Prime Minister Benjamin Netanyahu in a Saturday phone call to strike Iran “immediately after the midterm elections.” US news outlet Axios reported that Trump preferred to allow negotiations to continue, an approach that has raised concerns for Netanyahu.

Also on Monday, US President Donald Trump said that Tehran wants to make a deal with Washington, and that an agreement could be reached. “They want to make a deal, and that could happen,” said the US president.

Underpinning the ongoing diplomatic maneuvers are concrete military preparations and escalating operational risks across the region.

A senior Iranian commander said on Monday that over 30 million Iranians are receiving general military training to defend the country if needed.

The military mobilisation followed a Saturday statement from Iran’s Supreme Leader Mojtaba Khamenei instructing senior military commanders to ensure that any threat from the “enemies,” regardless of its nature or scale, would be met with an “immediate and effective” response, without geographical limitations.

On the US side, the Wall Street Journal reported that senior US military officials briefed Trump on Thursday on possible options regarding Iran. The United States had also reportedly urged several Gulf countries to prepare for a possible brief but intense military campaign against Iran following the midterm elections.

Amid mounting military preparations, tensions in the Strait of Hormuz have escalated rapidly. The navy of Iran’s Army announced Monday that a “violating” oil tanker caught fire after hitting naval mines in a forbidden region east of the Strait of Hormuz, adding that the vessel had turned off its navigation systems.

Separately, the navy of the Islamic Revolution Guard Corps said 11 oil tankers have caught fire or sunk in the strait over the past nine days, following a “demonstrative visit” to the strait by US Central Command chief Brad Cooper on October 25.