The country’s polishing industry would reportedly be severely impacted as a result India’s diamond traders fear that the looming G7 ban on Russian diamonds will hit the entire industry, and have called for more flexible implementation timelines, the Indian Express reported on Friday. Leaders of the G7 – which consists of Canada, France, Germany, Japan, Italy, the UK, and the US – agreed on Wednesday to impose a direct import ban on Russian diamonds starting from January, while introducing a tracking system for gems next year. According to the group, the restrictions will be imposed on “non-industrial diamon
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