What countries are affected by the conflict diamond trade?

Diamonds have funded brutal wars in countries such as Angola, Central African Republic, the Democratic Republic of Congo, Liberia, and Sierra Leone, resulting in the death and displacement of millions of people. There is a reason they are dubbed ‘Blood Diamonds’.

Which four countries are involved in trading blood diamonds?

Diamonds mined during the 20th-21st century civil wars in Angola, Ivory Coast, Sierra Leone, Liberia, Guinea, and Guinea Bissau have been given the label. The term conflict resource refers to analogous situations involving other natural resources.

What are conflict diamonds and how do the help hurt Africa?

Conflict diamonds are diamonds that originate 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, or in contravention of the decisions of the Security Council.

Which countries produce conflict free diamonds?

Botswana: Arguably the world leader in conflict-free diamonds, Botswana takes huge pride in its strict labour and environmental laws regarding the diamond trade.

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What is the world doing to stop blood diamonds?

Kimberly Process Certification Scheme (KPCS)

Buying a KPCS certified stone can go a long way in avoiding blood diamonds. The members of the KPCS are countries involved in the mining and sale of diamonds, human rights organizations, and others associated with the gem industry.

Do blood diamonds still exist 2020?

A lot has been done to address the issue of blood diamonds and conflict diamonds since then, but unfortunately, we still have a ways to go. … The diamond trade is an 81 billion dollars industry with 65% of mined diamonds coming from Africa.

Who controls the diamond trade?

From its inception in 1888 until the start of the 21st century, De Beers controlled 80% to 85% of rough diamond distribution and was considered a monopoly.

De Beers.

Key people Mark Cutifani (Chairman) Bruce Cleaver (CEO)
Products Diamonds
Services Diamond mining and marketing
Revenue US$6.08 billion (2018)

Why are there no conflict diamonds in Canada?

Because of a lack of monitoring in the Kimberley Process, conflict diamonds can continue to enter the diamond trade. Once a diamond is polished, it is impossible to identify its origin through scientific methods. … No jewellery retailer can guarantee that the diamonds they’re selling are conflict-free.

Is it illegal to buy blood diamonds?

Before purchasing a diamond, it’s imperative that you ensure it’s conflict-free. Diamonds that are not conflict-free are known as blood diamonds, which means they are illegally sold in order to finance devastating wars and terrorism.

Is blood diamonds a true story?

The diamond industry is abuzz over the new film Blood Diamond, a fictional account of rebel militias in Sierra Leone fueling a bloody civil war through the sale of the precious gems. … FOREIGN POLICY: Blood Diamond stars Leonardo DiCaprio as an African mercenary on the hunt for a massive pink diamond.

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Are diamonds conflict-free?

In 2002, a coalition of governments, non-governmental organizations and the diamond industry established the Kimberley Process to control the export and import of rough diamonds to eliminate the trade in conflict diamonds. Today 99% of diamonds in the marketplace are conflict-free.

Is the diamond industry unethical?

Even though many brutal civil wars have now ended, violence in diamond mines remains a serious problem. Many diamonds are still stained by severe human rights abuses such as forced labor, beatings, torture, and murder.

What are blood diamonds worth?

Diamond experts say the gem could be the 10th-largest ever discovered and initially pegged its value at $50 million.

Why are blood diamonds so valuable?

Blood Diamonds, also known as “Conflict Diamonds,” are stones that are produced in areas controlled by rebel forces that are opposed to internationally recognized governments. The rebels sell these diamonds, and the money is used to purchase arms or to fund their military actions.

Why are blood diamonds bad?

The tragic result is bloodshed, loss of life, and shocking human rights abuses – from rape to the use of child soldiers. Diamonds that fuel civil wars are often called “blood” or “conflict” diamonds. Although many diamond-fueled wars have now ended, conflict diamonds remain a serious problem.

What percentage of diamonds are blood diamonds 2020?

How many conflict diamonds are there? The diamond industry estimates that conflict diamonds represent 4 percent of the total trade in rough diamonds. Others have estimated that conflict diamonds could amount to as high as 15 percent of the total trade.

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