The European Union will ban imports of Russian diamonds and diamond jewellery at the start of next year as part of a new round of sanctions against Moscow, Brussels Correspondent Joe Barnes reports.
By next March, an existing embargo will be expanded to cover all Russian-origin diamonds and jewellery that have been cut and polished in other countries.
And in a further six months the measures will be once again enlarged to include lab-grown diamonds and watches containing diamonds.
The industry is believed to be worth an estimated €4 billion per year, according to the European Commission, and comes as part of a G7 effort to crackdown on Russian diamond exports.
We’ll buy them from Kazakhstan, Uzbekistan and Mongolia instead.
The EU will ban diamonds guys!!! (for like the 3rd time)
Some indian diamond tycoon suddenly became very happy.
Have we not done so yet?
Ah, the essentials.
Oh boy, now we got them. If this doesn’t hurt Russia, I don’t know what will
This is going to affect India, no? Lots of jewelry that’s made in India using Russian diamonds.
all sunctions against russia dont worked all what russia needs they have
The question is why this was still allowed until now? I hate these corrupt EU…
Sounds feasible and easy to implement. This is something that hurts no one excepts some Russian oligarchs. It might not be a big deal but yet another needle. So why not?
Seems like this should have happened long ago.
Everything ruzzian banned is pure joy😊
Not a minute too soon
Don’t worry guys, we will still import Diamonds from Kyrgyzstan- all is well.
Why are shit like this not already banned since at least 2 years?
18 comments
**From The Telegraph:**
The European Union will ban imports of Russian diamonds and diamond jewellery at the start of next year as part of a new round of sanctions against Moscow, Brussels Correspondent Joe Barnes reports.
By next March, an existing embargo will be expanded to cover all Russian-origin diamonds and jewellery that have been cut and polished in other countries.
And in a further six months the measures will be once again enlarged to include lab-grown diamonds and watches containing diamonds.
The industry is believed to be worth an estimated €4 billion per year, according to the European Commission, and comes as part of a G7 effort to crackdown on Russian diamond exports.
**Read more ⤵️**
[https://www.telegraph.co.uk/world-news/2023/12/19/ukraine-russia-war-live-artillery-shell-shortages-aid-kyiv/](https://www.telegraph.co.uk/world-news/2023/12/19/ukraine-russia-war-live-artillery-shell-shortages-aid-kyiv/)
KPCS response? lol … Ok!
We’ll buy them from Kazakhstan, Uzbekistan and Mongolia instead.
The EU will ban diamonds guys!!! (for like the 3rd time)
Some indian diamond tycoon suddenly became very happy.
Have we not done so yet?
Ah, the essentials.
Oh boy, now we got them. If this doesn’t hurt Russia, I don’t know what will
This is going to affect India, no? Lots of jewelry that’s made in India using Russian diamonds.
all sunctions against russia dont worked all what russia needs they have
The question is why this was still allowed until now? I hate these corrupt EU…
Sounds feasible and easy to implement. This is something that hurts no one excepts some Russian oligarchs. It might not be a big deal but yet another needle. So why not?
Seems like this should have happened long ago.
Everything ruzzian banned is pure joy😊
Not a minute too soon
Don’t worry guys, we will still import Diamonds from Kyrgyzstan- all is well.
Why are shit like this not already banned since at least 2 years?
Good