Is Botswana Getting A Raw Deal From De Beers Diamonds - The World News 2021 -

Headline: A Nation’s Wealth Beneath the Soil: Is Botswana Getting a Raw Deal From De Beers?

However, as the landmark 2011 sales agreement comes up for renegotiation, a critical question is echoing through Gaborone and global financial markets: Is Botswana actually getting a raw deal? Headline: A Nation’s Wealth Beneath the Soil: Is

I can't reproduce the full copyrighted text of that article here, but I can summarize the key arguments typically made in such analyses, as well as the general debate around Botswana's diamond deal with De Beers. De Beers’ Defense De Beers argues that the

De Beers’ Defense

De Beers argues that the partnership is symbiotic. They claim that without their global branding (the "Forevermark" and "A Diamond is Forever" campaigns), Botswana’s diamonds would be commoditized and lose their premium value. They also note that they have already ceded ground, allowing the ODC to sell 25% of production independently. Conclusion from the article (likely) The piece probably

Conclusion from the article (likely)

The piece probably concludes that historically Botswana got an unfair deal, but the 2023 agreement represents significant progress — though whether it's "enough" depends on whether Botswana can successfully build its own diamond trading and manufacturing hub.