Afghanistan to establish Gemstone Bourse

"Lapis-lazuli hg" by Hannes Grobe - Own work.
Licensed under CC BY-SA 2.5 via Commons

Afghan Government would set up a Bourse in Kabul by mid-2016 as a single source for Lapis Lazuli, said Afghan Minister of Mines and Petroleum, Dr. Daud Shah Saba. Minister Saba said halting smuggling of Afghanistan’s gemstones would be tough, but Lapis Lazuli could be controlled. Afghanistan’s lapis is unique.
“We have the monopoly on that type of Lapis. That stone has a signature,” Afghan Minister of Mining said in an interview on the sidelines of a mining conference in Melbourne, Australia.
Minister Saba added that the bourse would help distinguish between the real and fake lapis. Afghanistan’s lapis would come with a government certificate. “And then any other lapis with no certificate should be banned by the international community, as they have done with blood diamonds,” Saba said.

Afghanistan loses roughly $100 million a year through gemstone smuggling.

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