The U.S Treasury's Office of Foreign Assets Control has confirmed that its new sanctions on Russian diamonds will begin on March 1, 2024. Many thanks to Rob Bates of JCK Online for sharing the info.
Showing posts with label Russian Diamond Sanctions. Show all posts
Showing posts with label Russian Diamond Sanctions. Show all posts
Saturday, February 10, 2024
Saturday, May 13, 2023
Sanctions On Russian Diamonds
A typical diamond will go through scores of transactions on its way from the mine to the market. If you go to a jewelry shop and you ask any kind of diamond ring that they are selling, nobody knows where these diamonds came from. Technology exists for tracing diamonds, but it's not that easy. Only time will tell about the fate of Russian diamonds.
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