Belgium's imports of Russian gem quality diamonds have fallen by an estimated 80 per cent. Alexander De Croo was speaking as the 27 EU members prepared to implement a 10th round of sanctions. He said the only effective way to stem the ongoing flow of Alrosa's goods would be if all Western nations signed up to a ban.
The 27 EU members were getting ready to apply a tenth wave of penalties while Alexander De Croo (seen in the picture) was speaking.
He claimed that signing an international ban supported by a reliable traceability system by all Western countries would be the only way to stop the continuous flow of Alrosa’s goods.
Russian Diamonds Should Be Universally Boycotted?
In a remark to the political website Politico, based in Brussels, he claimed that “Russian diamonds are blood diamonds.”
“Only if Russian diamonds are no longer able to access Western markets will Russian diamond revenue cease. Belgian officials are collaborating with their allies to build that strong front.”
Russian gem quality diamond imports to Belgium are thought to have decreased by 80%, partly as a result of unofficial boycotts by specific jewellers.
In terms of quality, structure, and material, the Russian rough diamond is regarded as the best diamond. This is the reason why two diamonds with ideal cut and proportions might differ in polish and lustre, with the Russian cut diamond having a better finish.
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