The US and EU Are Working on Sanctions Against Russian Diamond Industry

Representatives of the United States of America and the European Union discussed the imposition of sanctions on Russia’s diamond industry during a meeting with the heads of leading diamond companies. This was stated on the official website of the US Department of State.

Specifically, Ambassador James O’Brien and Denis Redonnet, Deputy Director General and Chief Trade Enforcement Officer of the European Commission, discussed with the U.S. and European representatives of leading diamond retailers, manufacturers, laboratories, and trade associations the importance of involving the diamond industry in future import measures involving Russia, including on polished diamonds, according to a recent statement by G7 leaders.