Western countries plan to ban the purchase of rough and polished diamonds from the Russian Federation company Alrosa and those who resell their products in India or the UAE. writes about this Bloomberg citing a Belgian official.
He argues that EU countries could develop their own sanctions rules after the G7 ban. The technical details of the ban have not yet been agreed upon.
Western countries are planning to impose a ban on the purchase of rough and polished diamonds from Russian company Alrosa or those who resell them in India or the United Arab Emirates, according to a European official.
In 2022, the United States imposed a ban on the import of Russian rough diamonds, as well as diamonds cut in Russia. At the beginning of September, European Council President Charles Michel announced that the European Union was also working on sanctions against the Russian diamond industry.
Formerly US Treasury extended Sanctions on Russian banks