Rapaport Requests OFAC Exemptions and Clarification on Diamond Sanctions

Group recommends exemptions for goods purchased before March 1, 2024.

Four Questions the US Must Answer on Diamond Sanctions

A broader US ban on Russian diamonds went into effect on March 1, but uncertainty remains about key details.

Rapaport Statement: US Customs Issues Problematic Guidelines

Includes “Russian Source” diamonds substantially transformed (i.e. cut) outside Russia.

Alrosa Sales Rise Despite Sanctions

Profit fell in 2023; miner withholds information on location of customers.

US’s New List of Russian Sanctions Includes Diamond Exporter

State-owned Almazyuvelirexport is among nearly 300 entities targeted in current round.

Diamond Barons on Private Jets, and This Week’s Other News

Members of the editorial team pick their favorite pieces from the internet.

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