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G7 countries to ban Russian diamonds

The G7 nations have agreed to ban the importation of Russian diamonds from the beginning of 2024.   While it’s an effort to curb Russia’s funding for the war in Ukraine, it’s unlikely to have a huge financial impact because of their links to Dubai and China.   So what’s happening in the diamond trade? Have the African nations gotten a handle on the issues there?   Gerry Appleby from Appleby Jewellers joined Sean to discuss...

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15.51 7 Dec 2023


G7 countries to ban Russian diamonds


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Share this article

15.51 7 Dec 2023


The G7 nations have agreed to ban the importation of Russian diamonds from the beginning of 2024.  

While it’s an effort to curb Russia’s funding for the war in Ukraine, it’s unlikely to have a huge financial impact because of their links to Dubai and China.  

So what’s happening in the diamond trade? Have the African nations gotten a handle on the issues there?  

Gerry Appleby from Appleby Jewellers joined Sean to discuss...


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