Sanctions on Russia were the focus of the latest episode of the Rapaport Diamond Podcast as diamond consultant Robert Wake-Walker shared his knowledge of the industry.
Wake-Walker spoke with Rapaport’s Joshua Freedman about the uncertainty around Group of Seven (G7) measures against Russian diamonds, analyzing what we know about the sanctions and what needs to be clarified ahead of tighter measures going into effect over the course of this year.
A fluent Russian speaker, Wake-Walker was raised in Moscow, where has father, Richard Wake-Walker, set up De Beers’ first office in the Russian capital shortly after the fall of the Soviet Union. A lawyer by profession, Robert Wake-Walker returned to the diamond industry in 2022 at WWW International Diamond Consultants in London.
In this episode, which was recorded on January 23, he also reflected on the state of the rough and polished markets and the impact of economic challenges in the US.
Listen to the full episode here:
This podcast is brought to you by GIA: protecting consumers and supporting the global gem and jewelry trade since 1931 through research, education, and laboratory services.