Conflict diamonds are diamonds illegally traded to fund conflict in war-torn areas, particularly in central and western Africa. The United Nations (UN) defines conflict diamonds as "...diamonds that originate from areas controlled by forces or factions opposed to legitimate and internationally recognized governments, and are used to fund military action in opposition to those governments, or in contravention of the decisions of the Security Council." These diamonds are sometimes referred to as "blood diamonds."
Today, the flow of conflict diamonds has been reduced to considerably less than 1%.
More than 99% of Diamonds are now from conflict free sources and traded under the united nations mandated- kimberley process.
What Are Conflict Diamonds ?
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