Finance Ministry says Russia is developing new markets for diamonds

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The Russian Federation is developing new markets together with other diamond-producing countries, especially Africa. This is reported with reference to the press service of the Ministry of Finance of the Russian Federation. RIA News.

According to the information provided by the Ministry, Russia is strengthening its partnerships with other diamond-producing countries, especially Africa, and developing new markets with them. In addition, relevant representatives of the slaughter and retail industry from the Middle East and Asian countries also participate.

Previous experts warnedIt is stated that the restrictions imposed on Russian diamonds by the G7 countries will lead to a shortage of precious stones and an increase in their prices.

Previously at the Ministry of Finance of the Russian Federation statedSanctions against Russian diamonds will not have a significant impact on the domestic market, he said.

Previously, African countries sharply reduced Use of ruble in export payments from Russia.

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