Nine countries, including Ukraine and Moldova, have joined the decision of the Council of the European Union to impose sanctions on the giant Russian diamond mining company Alrosa and its CEO Pavel Marinychev.
The European Union (EU) has added Russian diamond mining company Alrosa to its sanctions list as a punitive response to the ongoing conflict in Ukraine.
An investigation by the Kyiv Independent in October found that Alrosa continued to sell diamonds to the West after the beginning of Russia's war in Ukraine, and even was able to increase its profits.
The EU Council has added Russian diamond mining giant Alrosa, which accounts for over 90% of all Russian diamond production, and its CEO Pavel Marinichev to its sanctions list on 3 January. Source: European Pravda, citing the official website of the EU Council on Wednesday, 3 January Details: The EU Council explained that Alrosa is the world's largest diamond mining company, which belongs to Russia and accounts for more than 90% of all Russian diamond production.
A ban on trade in diamonds originating from the Russian Federation came into force on Monday, 1 January; the relevant decision on Russian diamonds was made as part of the 12th package of sanctions against Russia.