Program aims to educate young consumers about mined stones’ positive qualities.
Group recommends exemptions for goods purchased before March 1, 2024.
A broader US ban on Russian diamonds went into effect on March 1, but uncertainty remains about key details.
Includes “Russian Source” diamonds substantially transformed (i.e. cut) outside Russia.
UK expects a mix of declaration by the importer and documented evidence of origin.
Restrictions on stones weighing 1 carat or more to begin March 1.
By March, measures will encompass goods processed in third countries.
A heated debate is brewing about the best approach to source-verification.