Russian diamond ban comes into force ...News

The EU and G7 restrictions apply to direct imports of non-industrial diamonds mined, processed, or produced in the country Western restrictions on direct imports of Russian diamonds have come into effect. As of January 1, deliveries of non-industrial diamonds mined, processed, or produced in Russia to the markets of G7 and EU countries are forbidden. These restrictions are only the first part of the ban. On March 1, the second phase is set to kick in, which applies to natural Russian diamonds from 1 carat that were processed in third countries. From September 1, 2024, imports of Russian synthetic diamonds processe

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