Press Release: Rapaport Requests OFAC Exemptions For Russian Sanctions March 19, 2024 In response to US sanctions regulations effective March 1, Martin Rapaport, Chairman of the Rapaport Group, sent a detailed letter to the US Office of Foreign Assets Control (OFAC). Industry
Rapaport Requests OFAC Exemptions and Clarification on Diamond Sanctions March 19, 2024 Group recommends exemptions for goods purchased before March 1, 2024. Russian sanctions
Sanctions Causing Shipment Delays in Antwerp, Traders Say March 14, 2024 146 Belgian companies sign complaint amid “severe disruption.” Industry
US Sanctions Zimbabwe President for Diamond Smuggling March 10, 2024 Emmerson Mnangagwa also accused of serious human-rights abuses and other corrupt activities. US sanctions
Four Questions the US Must Answer on Diamond Sanctions March 10, 2024 A broader US ban on Russian diamonds went into effect on March 1, but uncertainty remains about key details. Russian sanctions
Russian Sanctions Emergency Webinar with Martin Rapaport March 7, 2024 Recorded live on February 29, 2024 Industry
Industry Groups Voice Concerns over G7’s Russian Sanctions Plan February 29, 2024 WFDB, WDC, GJEPC and IDMA believe the suggested process will cause “irreparable harm” to rest of trade. Industry
Alrosa Sales Rise Despite Sanctions February 29, 2024 Profit fell in 2023; miner withholds information on location of customers. Mining
US’s New List of Russian Sanctions Includes Diamond Exporter February 25, 2024 State-owned Almazyuvelirexport is among nearly 300 entities targeted in current round. Industry
US Lays Out Guidelines for Russian Diamond Sanctions February 11, 2024 Restrictions on stones weighing 1 carat or more to begin March 1. Industry