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Belgium PM demands widespread support of Russian diamond sanctions - Jeweller Magazine: Jewellery News and Trends

Diamond industry representatives appeal for halting import of rough diamonds amid fall in prices

Additionally the appeal also called for measures to be taken to support the artisans during this period, thereby ensuring that there is no adverse impact on their livelihoods.

Major diamond producer cancels scheduled sales - Jeweller Magazine: Jewellery News and Trends

G7 Looks To Take Shine Off Russian Diamonds During India Visit Next Week

Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said

India visit next week as G7 looks to take the shine off Russian diamonds

Western nations are sending representatives to India, home to 90% of the world's cutting and polishing of the rare gems, to discuss potential effects of any G7 restrictions on imports of rough Russian diamonds, two Biden administration officials said. A second U.S. official said on Thursday that representatives from the United States and its allies from the G7 group of most industrialised countries, as well as Belgium, will travel to Mumbai and Surat, a city where about 80% of the world's diamonds are polished. The G7 countries are working on a tracing system that would allow them to block imports of stones mined in Russia, the world's largest producer of rough gems.

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