Monday, December 7, 2009

The Straight Goods On Conflict Diamonds

When you buy something as significant and timeless as a diamond, for any occasion, it makes sense that you would like to know the history of that valuable memento.

In the late 1990's, the world became aware of the existence of "conflict diamonds," jewels that have been used to fund insurgent or invading army's war efforts.

Today, over 99% of the world's diamond supply has been verified to be completely conflict free, and reputable retailers and suppliers of diamonds the world over have embraced a policy never to support the countries involved in the diamond trade that still engage in these practices. Still, retailers such as Spence Diamonds see the value in educating their customers and staff on the issue of conflict diamonds, to better understand the importance and the process of diamonds that are procured through fair trade.

In 2000, a joint initiative supported by the United Nations General Assembly created the Kimberly Process, an international certification regimen that aims to put an end to illegally traded diamonds. Today, 69 countries are legally bound by the rules of this strict and thorough process.

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