Antwerp: European Union (EU) is extending the “sunrise period” for the traceability of sanctioned Russian diamonds by six months, and allowing trade in “grandfathered stock”
(By Alan Cohen): Reflecting on the ongoing G7 sanctions on Russian diamonds and its expected impact on an already shaky diamond and jewellery market, I
Antwerp: “At this pivotal moment for the global diamond industry, it is vital that we protect the lives and livelihoods of all those employed in
Washington: The US is closing the loophole that has, for almost two years, allowed the importation of rough diamonds from Russia as long as they
Mumbai: G7 leaders on Wednesday agreed to impose a direct import ban on Russian diamonds as of January, while introducing a tracing system for diamonds
New York: US and EU officials are to consult diamond industry leaders on further measures against Russia for its “unprovoked war in Ukraine”.James O’Brien, head
Moscow: Despite U.S. sanctions, Russian diamond sales rose after the Ukraine war began, according to Kimberley Process (KP) statistics for the first half of 2022.
Gaborone: Botswana, Africa’s top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country’s
London: Britain has imposed a 35 per cent tariff on loose diamonds imported from Russia. It’s part of a $1.3bn package of new and increased
Washington: The US President Joe Biden has issued an executive order prohibiting the import of “nonindustrial” diamonds originating in Russia. The measures, which the White
Gems2Jewellery thrives with a well-defined goal to consistently provide quality informative materials to our readers.
2023 © Copyright Gems2Jewellery.com | Developed with ❤ By Parkour Webs