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The European Union has added Russia's Alrosa, the world's biggest diamond producer, as well as its CEO Pavel Alekseevich Marinychev to its sanctions list, it said on Wednesday. "In line with the ...
The Biden administration banned imports of Russian diamonds in a series of new sanctions, but many shoppers and companies were already boycotting them.
Nearly two years after Russia invaded Ukraine, a group of the world’s biggest economies have imposed a rolling ban on stones from the country. New sanctions on Russian diamonds will change the ...
In March 2023, when the EU adopted new sanctions against Russia, Russian diamond exports to Europe and other nations remained unaffected. While calls from Ukrainian nationals and EU officials to strictly apply sanctions to Russian-sourced diamonds had been referred to the G7, such measures had only experienced weak support from European ...
European Union countries agreed on a 12th package of sanctions against Russia, the European Council said on Thursday, meaning that a phased ban on Russian diamond imports among other measures will ...
The world's largest diamond mining company, responsible for 90% of Russia's diamond mining capacity (which is 28% of the global total). Financial transactions are heavily restricted by U.S. Treasury [108] Russia: Sovcomflot: Russia's largest maritime and freight shipping company. [108] Russia: VO Technopromexport (VO TPE), both OOO and OAO
Following the 2022 Russian invasion of Ukraine sanctions have been placed on mining and related businesses including and EU ban on Russian gold in August 2022, [21] with the Russian Copper Co, Highland Gold Mining Ltd and Chukotka Mining Geological Company, sanctioned by the US Office of Foreign Assets Control [22] and the G7 and EU sanction ...
European Union countries are close to agreeing a deal on a proposed 12th package of sanctions on Russia focused on a Russia-origin diamond ban and new measures to stem the flow of Russian oil ...