EU imposed a ban on all Russian diamonds

European Union approved the 12th package of sanctions, which contains a ban on imports of diamonds mined, processed or produced in Russia from January 1, 2024. This ban applies to diamonds from Russia, diamonds exported from Russia, diamonds transported in transit through Russia and Russian diamonds processed in third countries. G7 countries also plan to start imposing restrictions on imports of diamonds from Russia from January 1, and from March 1 - on imports of Russian diamonds treated in third countries.