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How More Sanctions on Russian Diamonds Could Affect the Global Market

LONDON — Nineteen months have passed since Russia invaded Ukraine, sending shock waves around the world — and through the global diamond market. Russia is the world’s biggest diamond exporter by volume, with a state-owned company, Alrosa, mining almost one-third of all diamonds produced in 2021. To prevent funds from flowing into the Kremlin war chest, the United States — the world’s largest market for finished diamonds — took action last spring when President Joe Biden banned the import of roug

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What Would More Sanctions on Russian Diamonds Really Do?

The Group of 7 and the European Union are expected to issue new rules in an effort to slow the flow of revenue into the Kremlin’s war chest.

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How More Sanctions on Russian Diamonds Could Affect the Global Market

How More Sanctions on Russian Diamonds Could Affect the Global Market
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Stopping the flow of illicit firearms

"Nigeria is deluged in illicit firearms in the hands of non-state actors."

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South Sudan Business Advisory - United States Department of State

South Sudan Business Advisory - United States Department of State
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