diamonds Archives - Euromaidan Press

2 minute read

Latest news Ukraine

US extends authorization to import some diamonds of Russian origin despite sanctions

Nearly 3 years after G7 nations restricted Russian diamond trade, the Office of Foreign Assets Control has extended US import permissions for specific Russian gems through September 2026.

byMaria Tril

diamond giants botswana angola agree push russia out market botswana’s president mokgweetsi masisi examines world’s second-largest 2492-carat stone discovered office gaborone 22 2024 monirul bhuiyan / botswana-economy-minerals politico reports have

3 minute read

Latest news Ukraine

Diamond giants Botswana and Angola agree to push Russia out of market

The world's top 2nd and 4th diamond producers are stepping up to help the G7 and EU prevent Russian stones from entering global markets.

byYuri Zoria

2 minute read

Latest news Ukraine

Canada tightens import restrictions on Russian diamonds

Canada has announced additional import restrictions on Russian diamonds, targeting indirect imports of diamonds weighing 1 carat and above.

byIryna Voichuk

3 minute read

Latest news Ukraine

US tightens sanctions on Russian diamond imports

The US Treasury’s Office of Foreign Assets Control imposed sanctions on four entities and one vessel for violating the price cap on Russian oil, while also banning certain Russian diamond imports.

byIryna Voichuk

2 minute read

Latest news Ukraine

Switzerland bans import of Russian diamonds

Yet Switzerland still refuses sending arms to Ukraine, citing neutrality.

byYevheniia Martyniuk

2 minute read

Latest news Ukraine

EU imposes sanctions on Russia’s Alrosa, world’s largest diamond mining company

The EU has imposed sanctions on Russia’s state-owned diamond company "Alrosa" and its CEO Pavel Alekseevich Marinychev in…

byOlena Mukhina

2 minute read

Latest news Ukraine

Zelenskyy imposes sanctions on Russian individuals, companies operating in occupied territories of Ukraine

Ukrainian President Volodymyr Zelenskyy has signed decrees on personal sanctions targeting eight Russian individuals and 51 legal entities…

byOlena Mukhina

2 minute read

Latest news Ukraine

G7 to impose sanctions on Russian diamonds by early 2024

In previous sanction packages, Russia faced bans on exports of coal, gas, gold, vodka and caviar. However, diamonds represent one of Russia's top ten non-energy exports by value, with 2021 diamond exports totaling over $4.5 bn.

byMaria Tril

Latest news Ukraine

BBC: EU proposes to include Russian diamonds in new sanctions package

The European Commission has proposed to include diamonds in a series of sanctions imposed on Russia since its…

byOlena Mukhina

2 minute read

Latest news Ukraine

Belgium commits €1.7 billion for Ukrainian aid from taxed frozen Russian assets

Belgium commits €1.7 billion for Ukraine's assistance, drawing from taxed frozen Russian assets. The EU and G7 explore taxing immobilized Russian sovereign assets, while Belgium works on banning Russian diamonds from its markets.

byYuri Zoria

Latest news Ukraine

Bloomberg: EU likely to ban Russian diamonds in 12th Russia sanctions package

The EU is considering further sanctions on Russia, including a ban on diamonds and tapping frozen assets to assist Kyiv, according to Bloomberg sources.

byYuri Zoria

9 minute read

Analysis

Diamonds for Putin: Russia is still earning $ 20 bn on metals and gemstones

The EU and US still have sanctioned Russian precious metals and gemstones; moreover, Russia's mining industry continues to expand

byOlena Mukhina

Latest news Ukraine

The draft text of the 8th EU sanctions package targets Russian steel and cosmetics industry but not diamonds

The draft text of the 8th EU sanctions package on Russia will ban imports of several steel products,…

byEuromaidan Press Staff