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US Diamonds Don’t Match Up
By Deepthi | February 21, 2008
Once again, US diamond exports exceed imports–despite the fact that no diamonds are produced in the US.
2007 estimates show 1.366 million carats of rough diamonds imported into the U.S., while 1.788 million carats were exported from it.
We’ve noted that the US Government Accountability Office has previously reported on loose control in the US on diamonds in 2006, stating that “domestically, the U.S. systems for reporting rough diamond statistics and for controlling imports and exports of these diamonds are vulnerable to illicit trade…”
Once again, we urge you to remember that buying a certified conflict free diamond is the only way to guarantee a conflict free origin! To learn more, read our new conflict free buying guide.
Topics: Company News, Conflict Diamond Issues, In the News |