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| Monday, 13 January, 2003, 08:33 GMT CAR 'is diamond hub', says report ![]() Conflict diamonds are traded in Bangui, says report Trading in diamonds used to finance conflict is in violation of international guidelines which came into force at the beginning of this year.
The report highlighting the situation in central Africa is part of a campaign by the lobby group Partnership Africa-Canada to strengthen the guidelines. Discrepancy The quantity of diamonds Belgium imports annually from the CAR is much higher than the African state officially exports, according to the report. "The Central African Republic exports officially $60m in diamonds. Belgium imports two to three times that," Brussels-based researcher Chris Dietrich says. "Last year it was only $100m but the year before it was $160m."
But the report notes links between arms dealers and diamond traders in both countries. All this reveals the strong likelihood that conflict diamonds from the DRC are being laundered through the CAR, it says. The report urges the Central African Government to stop the trafficking and implement credible, independent reviews of the situation. |
See also: 01 Jan 03 | Africa 31 Oct 02 | Africa 04 Feb 02 | Africa 08 Aug 02 | Africa 28 Jun 00 | Business Internet links: The BBC is not responsible for the content of external internet sites Top Africa stories now: Links to more Africa stories are at the foot of the page. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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