Every year, consumers the world over unwittingly spend billions of dollars on diamonds crafted in Israel, thereby helping to fund one of the world’s most protracted and contentious conflicts. Most people are unaware that Israel is one of the world’s leading producers of cut and polished diamonds. As diamonds are normally not hallmarked, consumers cannot distinguish an Israeli diamond from one crafted in India, Belgium, South Africa or elsewhere. The global diamond industry and aligned governments, including the EU, have hoodwinked consumers into believing the diamond trade has been cleansed of diamonds that fund human rights abuses, but the facts are startlingly different. In July 2000, the global diamond industry set up the World Diamond Council (WDC). The WDC was established as a response to public outrage about the use of diamonds to fund bloody conflicts in western African countries and it includes representatives from the World Federation of Diamond Bourses and the International Diamond Manufacturers Association. The council’s ultimate mandate is “the development, implementation and oversight of a tracking system for the export and import of rough diamonds to prevent the exploitation of diamonds for illicit purposes such as war and inhumane acts.” Significantly, the WDC limits its concern about human rights violations to those funded by rough diamonds only. Israel currently chairs the Kimberly Process. The notion of self-regulation by any industry that is intrinsically linked to the violations it purports to want to eliminate is something that neither governments nor the general public should tolerate. It is impossible for the public to have confidence in the diamond industry’s attempt to self-regulate as long as it facilitates the trade in diamonds crafted in Israel, which, if the Kimberly Process applied the same standards to all diamonds, would rightly be classified as blood diamonds and treated accordingly. The diamond industry is a major pillar of the Israeli economy. No other developed country is so heavily dependent on a single luxury commodity and the goodwill of individual consumers globally. Anything that threatens the carefully-nurtured image of diamonds as objects of desire, romance and purity could have serious consequences for the Israel diamond industry and the country’s ability to continue funding its illegal occupation of the Palestinian territories, the construction of illegal colonies and other associated criminal activities that render it the pariah of the modern age. The international BDS campaign needs to focus global attention on the diamond trade that facilitates Israel’s ongoing crimes against the Palestinian people and its neighbors in the region. The high-value end of the diamond industry is the main artery of the Israeli economy, accounting for more than 30 percent of Israel’s total manufacturing exports worth nearly $20 billion in 2008 (“Trade Performance HS: Exports of Israel” accessed 25 March 2010). By comparison, the budget for Israel’s Ministry of Defense was $16 billion in 2008. http://electronicintifada.net/v2/article11170.shtml