Conflict Diamonds

In: Historical Events

Submitted By akashmanian1
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Conflict Diamonds and the Kimberly Process

What this case is about was that ion the 2000’s, a common concern emerged among members of the diamond industry, the United Nations, several governments and Human Rights campaigners who all wished to end the trade in Conflict Diamonds which were gemstones that were being mined or stolen by rebels fighting internationally recognized governments. To end this, they embarked an unusual collaboration called the Kimberly Process. The Kimberly Process was a scheme for tracking diamonds all the way from the mine to the jewelry shop, so that consumers could be assured that the gems they were buying were conflict free.

1. Conflict Diamonds are diamonds that are illegally traded to fund conflicts. In recent times, conflicts in some of the poorest parts of Africa have often focused on rebels controlling their country’s natural resources and assets, for example, oil, wood, minerals and also diamonds. They are diamonds that had originated from areas controlled by forces or factions opposed to legitimate and internationally recognized governments, and are used to fund military action in opposition to those governments. Conflict diamonds came to the attention of the world media during the extremely brutal conflict in Sierra Leone in the 1990s. The groups that were benefited from the trade in conflict diamonds were the combatants, including the Revolutionary United Front. Diamonds played a key role in obtaining funds to provide these combatants with food, clothing, transportation, and most significantly, weapons. Finding buyers wasn’t particularly hard and rebel groups such as the RUF in Sierra Leone and UNITA in Angola obtained approximately $200 million per year from these sales. The groups had been hurt by the conflict diamonds were the diamond companies such as De Beers. De Beers Corporation is the worlds leading…...

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