One of the hottest trends in jewelry right now is blood diamonds. Its rareness makes it a favorite amongst many people, and its unique colors can be found in different hues such as pink, green, red and more. In addition, the blood diamond has a history that goes back to ancient times and even before. However, there are also many claims that it has caused war and destabilization. Despite this, the legal diamond trade has provided millions of jobs and is a huge source of income for some of the world’s largest countries. Read on to learn more about this controversial gem.
Conflict diamonds are mined in areas controlled by forces opposed to the legitimate, internationally recognized government of a country
A conflict diamond is a rough diamond mined in an area that is in a state of armed conflict or is controlled by forces that are opposed to the legitimate government of a country. These diamonds are sold to fund military action in opposition to the government. They are often purchased in neighboring countries.
The conflict diamond issue is important because it has had an effect on the region’s stability. Millions of people have been displaced. It has also played a role in the illegal trade of weapons and diamonds.
In Sierra Leone, a civil war raged for over a decade, killing over 50,000 people. Most of the victims were young people. Many of them did not know why the conflict was happening.
Conflict diamonds cause destabilization and war
Conflict diamonds, also called blood diamonds, are diamonds mined during civil wars in Africa. They are sold to finance insurgency and terrorism.
The trade in these stones has gained international attention in recent years. However, the industry is shrouded in secrecy and is highly unregulated. It is estimated that roughly 20 percent of the rough diamond trade is illicit.
In order to combat this trade, the United Nations adopted the Kimberly Process Certification Scheme. This is a three-step verification process that requires member countries to certify that diamonds they buy are “conflict free.” The scheme is aimed at stopping diamonds from conflict zones from entering the global diamond market. Currently, over 80 nations adhere to the scheme.
Conflict diamonds are stolen during shipment or seized during shipment
If you are buying an ethical engagement ring, you need to be aware of the source of the diamond you are purchasing. Often, diamonds are illegally traded to fund conflict in war-torn areas. This is referred to as a blood diamond.
Blood diamonds are rough diamonds that are sold to finance civil wars, terrorism and warlord activities. They are also smuggled into the international diamond trade.
Conflict diamonds are the result of human rights abuses and smuggling. These gems have been mined during conflicts in countries such as Sierra Leone, the Democratic Republic of Congo, and Angola.
The blood diamond trade has been linked to human rights violations such as rapes, murders, and forced labor. However, it has been difficult for the diamond industry to respond effectively to this issue. Some jewelers offer diamonds that are labeled “conflict-free,” but that rely on the Kimberley Process Certification Scheme (KPCS).
The KPCS is an internationally recognized certification system that imposes rigorous requirements on members. These requirements prevent conflict diamonds from entering the legitimate trade.
Conflict diamonds are rare in the U.S.
The Kimberley Process (KP) is a joint initiative of the United Nations and the diamond industry to stem the flow of conflict diamonds. The goal of the KP is to ensure that rough diamonds from areas that have been involved in wars or have been used to fund military action against legitimate governments are not sold into the international market. However, KP’s definition of a conflict diamond is a narrow one. This leaves diamonds tainted by other forms of violence to enter the market certified ‘conflict free’.
Over the past few years, there has been a growing concern about the blood diamond trade in Africa. Many countries, including Liberia, Angola, and Sierra Leone, have been linked to the trade over the years.
Legal diamond trade provides jobs for over 10 million workers
The diamond trade is a legitimate one that provides jobs for over 10 million workers in a range of countries. It is also a source of revenue for many social services. This includes health care, education, and infrastructure. But the industry still suffers from serious human rights violations.
For years, the diamond industry has been criticized for its role in funding bloody conflicts. Blood diamonds are smuggled into the international diamond trade, and often sold as legitimate gems. They are also used by rebels to fund military operations.
There are several organizations that work to prevent the trade in tainted diamonds. In particular, the Kimberley Process Certification Scheme controls the import and export of rough diamonds.