The monitoring of diamonds from the mining process right up to its retail sale is called the Kimberly Process.
This process was established in 2003.
Today the diamond markets use diamonds that have been passed through this process.
This is a good process that does not allow rough diamonds to enter the mainstream of the diamond market.
It has met with enormous applause and certifications from consumers.
Diamonds are considered to be of very high rating and hence unaffordable by all.
The few who trade in diamonds or just buy diamonds to use as ornaments should have a rating for their diamonds.
The rating should show the authenticity of the product they have bought.
In this way the Kimberly Process plays a very important role in rating the diamonds.
It was the result of the South African negotiations to establish export and import standards of rough diamonds nationally.
The KP was widely accepted by November 2002 where fifty two governments approved of it and began to adopt this process in their respective governments.
This was fully implemented by August 2003.
However, the beginning of the Kimberly Process was not very easy as there were some flaws in the diamond industry that resulted in lack of transparency requiring a steady monitoring.
It was recently found that evidence of the process' genuine attempts was not available and hence it was unable to deliver commitments to the industry.
NGOs and other governments are still adopting the Kimberly Process to eradicate diamonds of conflict from their sales, ensuring genuine diamonds to the market.
Since this is a genuine process most of the countries of the world are getting involved in this bringing up the statistics of production of genuine diamonds for the international markets.
Today the growth of the KP has risen to around 74 countries of the world that have joined the participants' list.