Western countries will discuss the consequences of a possible restriction on Russian diamond imports
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Western countries will send representatives to India, home to 90% of the world’s cutting and polishing of rare gems, to discuss the possible impact of G7 restrictions on Russian diamond imports. About it reports Reuters, citing representatives of the administration of US President Joe Biden.
“Next week there will be a trip to India, a number of countries are going to test some elements of the implementation. I think this will be very important for decision-making,” one of the officials told the agency.
The second source said that representatives of the United States and its allies from the G7 group of most industrialized countries, as well as Belgium, will travel to Mumbai and Surat, the city where about 80% of the world’s diamonds are processed.
September 15 Reuters reportedthat the G7 will announce an indirect ban on the import of Russian diamonds within two to three weeks. According to the agency, the ban could come into force as early as January. 20 September Indian Gems and Jewelery Export Promotion Council (GJEPC) asked Russia’s Alrosa to suspend sales of rough diamonds in September-October due to concerns about declining demand for diamonds on international markets.
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