Number: RL30751
Title: Diamonds and Conflict: Bakcground, Policy, and Legislation
Authors: Nancy Cook, Foreign Affairs, Defense, and Trade Division 
Abstract: The mining and sales of diamonds by parties to armed conflicts, notably in Africa, are regarded as a significant factor fueling hostilities. Such diamonds, labeled "conflict diamonds," make up an estimated 3.7 percent to 15 percent of the value of the global diamond trade. Governments and multi-lateral organizations have taken diplomatic action to combat the trade. The Clinton Administration has worked to create an international diamond trade regime, likely employing certificates of origin, but seeks to ensure that legitimate diamond producers are not hurt by emerging policies.
Pages: 32
Date: Updated July 16, 2003