Diamond-Banning Measure Still Alive in Congress

As Congress neared the end of its session at press time, lawmakers were considering at least two proposals on "conflict diamonds"-including one that could halt all diamond imports into the United States. The proposal, a rider attached to a congressional spending bill by Senator Judd Gregg (R-N.H.), says no diamonds from conflict areas can be imported into the United States. Since there is now no way to determine a "conflict" stone, Customs Service officials may decide that the only way to follow the law is to stop all diamond imports. They may also decide to ignore it as unenforceable. "We won't know until Customs decides," says David Rocha of Jewelers of America. The Gregg rider passed Congress, but the overall spending bill is likely to be vetoed by President Clinton because of some unrelated provisions on immigration. There is, however, a slight chance that the disputed immigratio

This content is exclusive to JCK Pro subscribers. Subscribe now to access this and much more with discount code GOPRO21 for $199 for an entire year of access (reg. $249).


Already a JCK Pro? Log in

A JCK Pro subscription is your all-access pass to people and resources on the
cutting edge of the retail jewelry industry, from the industry authority you
know and trust

Learn about the Perks of JCK Pro

Log Out

Are you sure you want to log out?

CancelLog out