Implementing the Clean Diamond Trade Act
Headline: Bans Import and Export of Rough Diamonds Without Kimberley Process
What it does: Agencies must prevent any import or export of rough diamonds unless controlled through the Kimberley Process certification scheme.
- Stops import and export of rough diamonds without Kimberley Process control.
- Prohibits individuals and companies in the United States from evading the diamond ban.
- Assigns the State and Treasury departments to implement and oversee the law.
Summary
This order bans the import and export of any rough diamonds into or out of the United States beginning July 30, 2003, unless those diamonds have been controlled through the Kimberley Process Certification Scheme. It also bans U.S. transactions that try to evade that prohibition and outlaws conspiracies to violate it.
The order assigns implementation duties to the Secretary of State and the Secretary of the Treasury, amends prior diamond-related orders, and limits the Kimberley Process to its status as of April 25, 2003.
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