22 Dec '11, 11pm

US trade group bans Zimbabwe's Marange diamonds - Straits Times #Zimbabwe #Zim

NEW YORK (AFP) - The Rapaport Group of diamond traders on Thursday said it would boycott diamonds from Zimbabwe's Marange field, which has been widely associated with human rights abuses. The boycott call from the group's chairman, Martin Rapaport, underlined controversy over the human rights situation in the Marange field and the wider role of so-called blood diamonds in fuelling war and rights abuses. Mr Rapaport said companies continuing to trade in diamonds from the Marange field would be expelled from the trade group. Such trades are already illegal in the United States, which has imposed sanctions on the Marange mines, but Mr Rapaport said trade in such diamonds also harms the industry's reputation.

Full article: http://www.straitstimes.com/BreakingNews/World/Story/STIS...

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