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The Kimberley Process – Overview
Conflict diamonds, additionally called blood diamonds, are these diamonds which are mined and bought by rebels for funding to help an invasion or civil war. Conflict diamonds have fetched billions of dollars worth of profits which have been used to fund wars in places similar to Angola, Liberia, Sierra Leone and the Democratic Republic of Congo. Such wars have destroyed the lives of millions of individuals.
As the painful reality about the usage of conflict diamond trade to fund wars has become prevalent in current many years, organizations have lobbied for a governing system to prevent conflict diamonds from being distributed internationally. The Kimberley Process Certification Scheme, or Kimberley Process, is a world certification system devoted to stopping the trade of diamonds which subsidize battle. The launch of the Kimberley Process Certification Scheme in January of 2003 marked a major breakthrough in the prevention of battle diamond trade, although many assert that the system has enforcement flaws and further measures are nonetheless needed to get rid of the sale of conflict diamonds altogether.
In May of 2000, representatives from main diamond producing countries, the diamond trade and non governmental organizations with vested curiosity in the trigger convened in Kimberley, South Africa to deal with the detrimental conflict diamond commerce and seek a solution. After three years of negotiation, the Kimberley Process scheme was agreed upon by the collaborating governments, and it went into effect on January 1, 2003.
The Kimberley Process obliges collaborating international locations to enact laws to confirm that rough diamonds being shipped are battle free and to standardize the import and export procedures for diamonds. The Kimberley Process utilizes a system of self-governance, requiring business players to trade diamonds solely with different collaborating governments and bestowing the accountability of ensuring that diamonds are battle free on constituents throughout all levels of the provision chain. The objective of such constraints is to remove the infiltration of blood diamonds into the Kimberley Process system.
Though the Kimberley Process has facilitated momentous progress in suppressing the trade of battle diamonds, it has shortcomings which allow the continued trade of battle diamonds. Self governance brings with it accountability issues that governments as well as contributors within the diamond business have yet to mutually uphold. Countries with weak regulations are allowing battle diamonds to be licensed as conflict free, and the smuggling of diamonds to different international locations for trade has also allowed conflict diamonds to enter the market. Though the Kimberley Process marks a big step in the suitable course, it must nonetheless undergo implementation improvements with the intention to accomplish its final aspiration to finish the worldwide trade of battle diamonds.
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