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On February 23, 2024, the Biden administration announced more than 500 sanctions on individuals and entities inside the Russian Federation and entities outside of Russia determined to...
The world’s largest diamond mining company – the De Beers Group – has expressed concern over incoming economic sanctions against the Russian diamond industry.
India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear
The European Union has submitted a proposal for a 12th round of sanctions against the Russian diamond industry as a punitive response to the conflict in Ukraine.
EU mulling ban on direct diamond imports from Russia starting from 1 January 2024