Saturday, April 17, 2010

Conflict Diamonds

As a result of the Kimberley Process Certification Scheme, diamonds are among the most monitored and audited of any natural resource in the world. This system has proven to be an essential and effective tool in combating the scourge of conflict diamonds

The Kimberley Process was launched in 2003 to control and monitor the trade in rough diamonds. In just three years, the international community has made remarkable strides to certify the $30 billion annual international rough diamond trade by creating a documentary record of rough diamonds from mine to polishing. Rough diamonds must be shipped in sealed containers and exported with a Kimberley Process Certificate which certifies that the diamonds are conflict free.

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