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Thursday, December 28, 2023

US Closes Loophole On Russian Diamonds

A new White House Executive Order broadens existing restrictions immediately to include diamonds and other Russian goods even if these products are then transformed in a third country. It will come as a blow to India's diamond industry with the US accounting for 45 percent of all its exports. We shall wait and see for the outcome. Many thanks to Idex Online for sharing the info.


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