Monday, April 25, 2011

The Kimberley Process


http://blooddiamonds.org/the-kimberley-process/
In the 1990′s the UN coined the term bloods or conflict diamonds. Blood diamonds are considered those diamonds used as a currency by rebels to finance their wars against the legitimate government. Because these rebels forced unarmed people to work day and night in those mines the diamonds got their name as blood diamonds.



The Kimberley Process is a ratified agreement by members of the United Nations that calls for an international certification standard for all rough diamonds. The Kimberley Process gave birth to the Kimberley Process Certification Scheme (KPCS) – this document sets out the requirements for controlling rough diamond production and trade. The Kimberely Process is open to any member country that wants to partake, so long as they agree and are willing to implement the requirements of the KPCS. As of 2009 there were 49 members which totaled 75 countries. The participating members of the Kimberley Process account for 99.8% of all diamondproducing nations in the world.

The UN began taking severe actions against these countries by restricting or banning their export of money and imposing severe actions against them. In 2006 the Blood Diamond movie presented the tragic lives of those forced to work in diamond mines. From that moment everyone turned their attention to the harsh realty of conflict diamonds and started to question the true value and origin of a diamond.

The Kimberley Process has done more than just curtail the flow of conflict diamonds, it has also helped stabilize fragile countries and supported their development. As the Kimberley Process has made life harder for criminals, it has brought large volumes of diamonds onto the legal market that would not otherwise have made it there. This has increased the revenues of poor governments, and helped them to address their countries’ development challenges. For instance, some $125 million worth of diamonds were legally exported from Sierra Leone in 2006, compared to almost none at the end of the 1990s.

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