Jose Sulaiman, President of the WBC, has announced the institution of a new WBC green and gold belt to be called the WBC Diamond Championship, a honorary championship exclusively for fights between elite boxers. This new implementation was voted for unanimously by the WBC Board of Governors. The WBC believes that this belt will play a very important role in fights between elite boxers called “catch weight” fights. This WBC Diamond Belt is being manufactured using the same design as the traditional belt but the materials will include 18 karat gold fusion, 598 diamonds, 196 emeralds, 6 rubies and 150 swarowsky semi-precious stones. Sulaiman also stated that he is very proud of the step taken by the WBC, as it will be in benefit of improving boxing, in benefit of the boxing fans of the world, to promoters, television and everybody involved in the sport of boxing.