My first Magazine What are conflict diamonds and what’s wrong about | Page 2

The Kimberley Process Certification system
In 2000, the United Nations met with not for profit human rights associations, governments, and the
international diamond industry to figure a worldwide following framework which would restrain the
conflict diamonds from entering the diamond market dealing with legally sourced diamond. They
built up the Kimberley Process Certification Scheme, an agreement which requires every partaking
government to track and to keep reports of every rough diamond from the mine to the point of its
export. The understanding was completely approved in 2003 and today the process has been
embraced by 74 governments around the world. The Kimberley Process, which incorporates a
unique 'Arrangement of Warranties', guarantees that each partaking government abides the practice
as follows:
 Global shipments of rough diamonds must be transported in an alter-safe compartment
and joined by a verified government Kimberley Process Certificate. .
 All the certificates should be given a unique number and should contain details of all the
items that are in the shipment
 Every government that has signed up for the Kimberly process should have a record of
every diamond that is imported or exported along with the exact price value of the
diamonds. The records will be reviewed periodically.
 Every government that has taken part in the process should export diamonds only to the
countries that have signed up for the Kimberly process.
 The governments that have taken part should refrain from exporting shipments that are
not certified
 In order to make sure that all the governments are complying to the export import
policies each of them will be subject to periodic reviews of each and every stage of
manufacturing and shipping process.
 Auditing of all the rough diamonds that are sold will be done (individually)
 The Kimberly process will take actions against the registered governments that are not
complying.
System of guarantees
The System of Warranties guarantees checked and recorded jewel exchange after confirmed
worldwide shipment. After a diamond is legally imported in, it might fall into different hands in
different circumstances. Commonly it moves from dealer to shaper, polisher, setter of the diamonds
in jewelry and lastly retailer before it reaches to a purchaser. Each time the diamond reaches to a
new person, a receipt stating that the diamond is genuinely conflict-free must be issued. All retailers,
producers and dealers are required to keep point by point records of receipts for at least five years.
Despite the fact that the guarantee isn't required to show up on shopper receipts, clients ought to
dependably check the approaches of their diamond retailers to ensure that the diamonds or the
jewelry that they buy are conflict-free.
Current situation of Africa related to the diamond industry
The Kimberley Process without a doubt has been having a positive effect. The World Diamond
Council has proclaimed that today, over 99% of the diamonds that are in the market are originated
from conflict-free sources. Sierra Leone, Liberia, The Republic of Congo, The Democratic Republic of
Congo and Angola are presently at relative peace. Some of these nations are as yet working towards
revamping their country and their economy, and all have joined the Kimberley Process Certification
Scheme.