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Wednesday, May 11, 2022

Rapaport Bans Russian Diamonds

RapNet has banned Russian diamonds from its network. The ban applies to all diamonds sourced from Russia after February 24, 2022, and includes polished diamonds manufactured outside of Russia from Russian rough diamonds. The ban includes diamonds sourced from companies that are 50% or more owned by sanctioned entities. Russia supplies about 30% of the world's rough diamonds.


Useful link: https://www.diamonds.net

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