As part of the entry into force of the 12th sanctions package against the Russian Federation, the European Union will ban the import of diamonds from Russia, which will cause losses of approximately 4 billion Euros. European Commission.
“The proposed sanctions are part of an internationally coordinated ban on the sale of G7 diamonds, aimed at depriving Russia of this important source of revenue estimated at 4 billion euros per year,” the press release said.
The message emphasizes that G7 members will ban diamond imports from Russia until January 1, 2024 at the latest. In addition, as of March 1, 2024, the ban on the import of Russian diamonds cut outside our country will come into force. From September 1, 2024, the ban will apply to rhinestones, jewelry and diamond watches.
On December 17, it was reported that the G7 decided to limit diamond imports from the Russian Federation. won’t stop Purchases from India.
Hong Kong on 9 December augmented Russian diamonds were purchased five times.
Previously in the Kremlin commented The EU bans the supply of Russian diamonds.