Conflict diamonds are also know as: blood diamonds, converted diamonds, hot diamonds, war diamonds and refer to a diamond mined in a war zone and sold to finance an insurgency, invading army’s war efforts, or a warlord’s activity, usually in Africa.
Countries like Angola have been sanctioned for illegal diamond trade by the United Nations. This means other countries have been forbidden to buy diamonds from sanctioned areas, due to the political implications of diamond trade in the war, more specifically due to the fact that diamond trade is considered to fund the local wars and abuse the human rights. From 1989 to 2003 Liberia was engaged in a civil war. In 2000, the UN accused Liberian president Charles G. Taylor of supporting the RUF insurgency in Sierra Leone with weapons and training in exchange for diamonds. Other conflict areas are considered to be: Cote d’Ivoire, the Republic of Congo, and the Democratic Republic of Congo.
Kimberly Process Certification Scheme
Kimberly Process Certification Scheme started at the initiative of the diamond industry that proposed the origin of diamonds anywhere to be certified. “In May 2000, diamond producing countries of southern Africa met in Kimberley, South Africa to plan a method by which the trade in conflict diamonds could be halted, and buyers of diamonds could be assured that their diamonds have not contributed to violence.”
Source: Wikipedia
Find out more about it : Conflict diamonds in UN perspective , Diamond Facts & Conflict-free and conflict neutral diamonds
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