U.S. Diamond Retailers Can Help Ensure Conflict Diamonds Are Not a Girl's Best Friend


Not all diamonds are a girl’s best friend. Conflict diamonds, for instance, are considered more of a rebel’s best friend. Also known as “blood diamonds,” conflict diamonds are linked to rebel forces and factions opposed to legitimate governments, and are used to fund military opposition to those governments. The international diamond community, including the U.S., has expressed zero tolerance towards such diamonds and has sought to regulate the rough diamond trade to assure consumers that their purchases are not used to finance overseas wars and rebel movements. Further, U.S. diamond retailers can assist these efforts by keeping informed of the various diamond distribution laws and by effectively implementing self-regulating retail policies that will help curtail illegal trade.

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