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EU Sanctions Propose Russian Diamond Ban
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EU Imposes Stricter Sanctions on Russia
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EU Imposes More Sanctions on Russia
Overview
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The EU proposes a ban on the import, purchase, and transfer of Russian diamonds, including those cut and polished in third countries, from January 2024. The proposal includes a phased ban on Russian diamonds processed in third countries, including jewellery with Russian diamonds, to protect the diamond industry in Antwerp.
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How might the EU's sanctions on diamonds contribute to diplomatic tensions between Russia and the G7?
How might the proposed ban impact the global diamond trade and market players?
What measures can be taken to address the lack of transparency in the diamond trade and enforce the ban effectively?
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