Sierra leone diamond trade one world trade center tripadvisor

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16/12/ · Diamond Trade within Sierra Leone Diamond trading is a very common and regular thing that occurs in Sierra Leone. When you go down to tescos to buy your groceries, chances are that someone in Sierra Leone is going down to the local shops to sell of some of the diamonds Estimated Reading Time: 3 mins. 29/11/ · Sierra Leone’s government attempts to reduce illicit diamond trading by holding export taxes low and promoting international trade through legitimate channels. However, low export taxes allow foreign corporations to exploit Sierra Leone’s wealth of resources using tactics similar to . 16/12/ · Diamond trading is a very common and regular thing that occurs in Sierra Leone. When you go down to tescos to buy your groceries, chances are that someone in Sierra Leone is going down to the local shops to sell of some of the diamonds they have found or mined. Our co-CEO, Beth Gerstein, recently took a trip to Sierra Leone to visit a group of diamond mines certified as socially and environmentally responsible. The mines could soon offer consumers the world’s first fair trade diamonds. I leave the SUV and walk down a narrow path. It’s cloudy but I can feel the sticky heat of a Sierra Leone afternoon. I reach a clearing surrounded by tall green.

A weak post-independence democracy was subverted in the s and s by corruption and despotism. Economic decline and military rule followed. The rebellion that began in was characterized by banditry and horrific brutality, wreaked primarily on civilians. Between and , the war claimed over 75, lives, caused half a million Sierra Leoneans to become refugees, and displaced half of the country’s 4.

There is a view that Sierra Leone’s war is a crisis of modernity, caused by the failed patrimonial systems of successive post-colonial governments. Sierra Leonean writers have rejected this analysis on several grounds. While there is no doubt about widespread public disenchantment with the failing state, with corruption and with a lack of opportunity, similar problems elsewhere have not led to years of brutality by forces devoid of ideology, political support and ethnic identity.

Only the economic opportunity presented by a breakdown in law and order could sustain violence at the levels that have plagued Sierra Leone since This study constitutes a strong critique of prevailing orthodox explanations of conflict, which tend towards state-centric and non-economic explanations. Traditional economics, in fact, as well as traditional political science and military history are of little assistance in explaining Sierra Leone’s conflict.

The point of the war may not actually have been to win it, but to engage in profitable crime under the cover of warfare. Diamonds, in fact, have fueled Sierra Leone’s conflict, destabilizing the country for the better part of three decades, stealing its patrimony and robbing an entire generation of children, putting the country dead last on the UNDP Human Development Index.

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Peace cannot be sustained in Sierra Leone until controls are imposed on the illegal selling of diamonds used to finance its civil war, according to a recent study. The study, titled „The Heart of the Matter – Sierra Leone, Diamonds and Human Security,“ was released in January by Partnership Africa Canada. Two of the study’s authors, Ian Smillie and Lansana Gberie, discussed their findings at an April 18 briefing sponsored by the United Methodist Board of Global Ministries.

In his introduction, the Rev. Paul Dirdak, chief executive of the board’s United Methodist Committee on Relief, noted that the report is important to the denomination because of its churches in West Africa and an overall concern for public welfare in those countries, such as Sierra Leone and Angola, affected by the „conflict diamond“ trade. The study itself grew out of discussions held by the Sierra Leone Working Group, an informal organization based in Ottawa.

The group considered the civil war in Sierra Leone from an economic perspective, rather than a political one, and realized the conflict would not have been as long or as brutal „if there hadn’t been money to pay for it,“ Smillie said. In fact, politics or ethnic conflict played a very small role, they discovered. Gberie, who spent six years covering the Sierra Leone war as a reporter, noted, „even when I was there, no one knew why the rebels were fighting.

Everyone said it was a senseless war. The tools of war are being purchased with the illegal diamonds. The DeBeers group, a mining company that acts as a wholesaler, controls 70 percent of the world’s diamonds in a given year, and many rough diamonds are processed through the diamond industry in Antwerp, Belgium, represented by the Diamond High Council.

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Start with Our Diamond Quiz. Forgot Your Password? Our co-CEO, Beth Gerstein, recently took a trip to Sierra Leone to visit a group of diamond mines certified as socially and environmentally responsible. I leave the SUV and walk down a narrow path. I reach a clearing surrounded by tall green grass. In the center is a waist-high pile of sandy gravel, dug from a nearby pit.

Three miners are chopping at the pile with shovels, loosening up the gravel that, following a rainstorm, has dried into clumps. Others are feeding it into a sluice box, where they wash away the sand with a hose. If they are lucky, they will find what they are looking for—diamonds. If not, there is always the next pile of gravel behind them. Across Africa, there are over one million artisanal, or small-scale, diamond diggers who mine for diamonds in this way.

Sometimes they do everything by hand, digging out pits with shovels and then washing the gravel in tambourine-like sieves. Sometimes they have access to machines or basic equipment.

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Oluyemi Adeniji, the special representative of the UN secretary general in Sierra Leone, said the enquiry would cover the „diamond trade in Sierra Leone because it is quite illegal at this time since the government is not in control of the diamond mining areas. He added that the importance of the inquiry rests on the fact that all the West African leaders at their recent summit in Abuja agreed that to arrest the activities of the rebels in Sierra Leone, one has to stop the sources of income by which they purchase their arms.

He said ECOWAS has also decided to launch a „regional inquiry“ into the renewal of hostilities in Sierra Leone to determine who was responsible for the latest round of fighting and the conditions that led to it. An ECOWAS committee of six, comprising technicians and military people, will now arrive in Freetown next week to study conditions for a cease-fire.

Adeniji said one precondition for the cease-fire would oblige all fighting forces to return to their positions at the signing of the Lome accord July. Adeniji also disclosed that troops from the ECOWAS member states would join the UN Mission in Sierra Leone to beef up its strength. ECOMOG will now operate under the United Nations umbrella,“ he said. He added that decisions reached at the Abuja summit also include a call from the leaders for the Revolutionary United Front rebels to return all equipment seized from UN peacekeepers they rebels took as hostage.

Adeniji said the situation in Quivar and Kailahun remains rather tense because rebels have surrounded over peacekeepers for more than three weeks now. The UN official said an air survey of the Lunsar area, in the north of the country, indicated no presence any armed group, but instead there were bodies in uniforms and with their equipment beside them.

Material may not be redistributed, posted to any other location, published or used for broadcast without written authorization from the Panafrican News Agency. Tel: Fax: E-mail: quoiset sonatel. Peter Kahler, PANA Correspondent FREETOWN, Sierra Leone PANA – The Economic Community of West African States has reached a decision to launch and inquiry into the illegal diamond trade in Sierra Leone, a United Nations official disclosed Friday.

Non-compliant parties will be handled by ECOWAS, he added.

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Monday, 19 December Diamond Trade within Sierra Leone. Diamond trading is a very common and regular thing that occurs in Sierra Leone. When you go down to tescos to buy your groceries, chances are that someone in Sierra Leone is going down to the local shops to sell of some of the diamonds they have found or mined. This is an example of how people casually buy and sell diamonds in local buildings such as offices and supermarkerts.

Posted by Elliott at No comments: Email This BlogThis! Share to Twitter Share to Facebook Share to Pinterest. Friday, 16 December Sierra Leone In The Media. The Hollywood blockbuster movie „Blood Diamond“ starring Leonardo DiCaprio was based on the crises that were taking place in Sierra Leone. The basics of this movie were initially true and full of correct facts, although like everything in Hollywood it was greatly dramatised. Monday, 12 December Sierra Leone Diamond History.

The first ever diamond was found in Sierra Leone is the ’s. Since then the value for diamonds has increased dramatically, hence the reason for the civil war in Sierra Leone. Everybody wants to get their hands on as many diamonds as possible to grab themself some easy cash.

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Dodgy dealings within the Steinmetz Group seems to indicate undervaluing of diamonds, which is costing Sierra Leone tax payments. So, to avoid exposing the company, the embattled billionaire allegedly sold his The company, which he runs through BSG Resources BSGR , counts the Steinmetz family as beneficiaries. Unlike BSGR which operates in West Africa, Diacore maintains a presence in Namibia, Botswana and South Africa. The data reveals a BSGR corporate structure, dated , identifying Octea as wholly owned by Guernsey-based BSGR Resources — the latter directly involved in the Guinea scandal.

In turn, BSGR is owned by several foundations based in Liechtenstein and Switzerland such as Nysco and Balda. Dozens of creditors are waiting to be paid, including the government of Sierra Leone and Standard Chartered Bank. If these debts are not paid, the company could lose its license. But some say this could be by design.

Sources close to the company said the its strategy was to exploit alluvial diamonds, feign financial struggles and leave creditors high and dry. The company declined to answer questions about its financial practices, threatening legal action over issues it claimed were confidential.

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Rapaport Fair Trade supports socially responsible jewelry consumers and members of the diamond and jewelry trade. Our goal is toprovide ethical resources to consumers and jewelry suppliers, as well as information to social activists, students, and anyone interested in ethical luxury. Rapaport is an international group of companies that support the creation of ethical, transparent, competitive and efficient markets.

While we do not trade diamonds for our own account, we transact large quantities of diamonds for our clients, all of whom are vetted to ensure compliance with the U. Patriot Act and OFAC regulations. In Martin Rapaport traveled to Sierra Leone at the request of the U. State Department. While in Sierra Leone Martin visited the amputee camps. Since Martin Rapaport has promoted the concept of fair trade diamonds and ethical diamond gem and jewelry.

One of the most important and challenging aspects of the diamond industry is how we deal with ethical issues. The secret of the diamond lies in its value as a symbol, not its physical utility. If you were to get a pair of sneakers made with child labor, you could still play a pretty good game of basketball with them — they have complete functional utility.

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19/04/ · Providing international help to the Sierra Leone government to, in Smillie’s words, „get a grip on the diamond industry.“ Peacekeeping troops, for example, need to expand to the diamond mining areas currently held by rebels. Conducting a high-level investigation into the criminal elements of the Belgian diamond trade. FREETOWN, Sierra Leone (PANA)- The Economic Community of West African States has reached a decision to launch and inquiry into the illegal diamond trade in Sierra Leone, a United Nations official.

Freetown — It is like a flower, rising up out of the setting in the ring. It gleams and glitters in the light – my first diamond, borne out of love and marriage. And yet my conscience is pricked at times by uncertainty. I see images from the movie Blood Diamond, set in the chaos and bloodshed of the civil war in Sierra Leone. The picture starring Leonardo Di Caprio tells starkly of the heavy price ordinary Sierra Leoneans paid for the sparkling stones as the war raged.

Can I be sure that the diamond on my finger is not originally for the war-torn areas of Africa? Is it a „conflict diamond“ or „blood diamond“, the proceeds from which have gone to fund arms deals or wholesale slaughter? The small grey-haired man standing behind the counter of the jeweller’s shop, gemologist Aito Koskinen, springs a surprise: he tells me he has often visited the diamond mines of the Congo!

And better still, he soon heading off to Sierra Leone on similar business. In actual fact year-old Koskinen is already retired.

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