Belgian Parliament committee approves resolution calling for a ban on Russian diamonds and adding Alrosa to EU sanctions. The Antwerp World Diamond Centre sees the move as a signal of support and a way to contribute to solutions that can exclude Russian diamonds from G7 markets. The resolution still has to pass the parliament, but it has the unanimous support of all parties in government. However, Belgium does not want rubber-stamping solutions, but rather a science-based approach that will deliver a strong guarantee for a level playing field to enter G7 markets.
The Foreign Affairs Committee of the Belgian Parliament has approved a resolution calling on the Belgian government to ban Russian diamonds from entering the country and to add Russian state-owned miner Alrosa to the next round of European Union (EU) sanctions.
According to Hans Merket, a researcher with the International Peace Information Service (IPIS) who testified in favor of the resolution, the resolution’s passage will have no immediate consequences. Merket explained that the resolution “still has to go through the plenary of the parliament,” but since it has the unanimous support of all parties in government, it is not expected to pose problems. The resolution is meant to signal Belgium’s support and give the prime minister the mandate to promote a ban on Russian diamonds and the listing of Alrosa in the next EU sanctions package.
Antwerp World Diamond Centre (AWDC) spokesperson Tom Neys agreed that the resolution will “have no immediate impact.” He emphasized that the resolution underscores how Antwerp and AWDC are looking to contribute to reasonable and watertight solutions to verify the origin of a diamond and exclude Russian diamonds from the G7 markets.
Russian Diamond Ban Gets Approval from Belgian Parliament Committee
However, Neys also indicated a pivot away from proposals currently on the table. He noted that “Belgium will not accept rubber-stamping solutions—like, for example, a system of declarations. A science-based solution will deliver the strongest guarantee for an equal playing field globally to enter the G7 markets.”
Diamonds have not appeared in any of the 10 sanctions packages announced by the European Union following Russia’s invasion of Ukraine, which critics say has allowed Russian diamonds to continue to flow into Belgium. Belgium’s government and local industry have generally argued that a ban would be counterproductive, as Russian diamonds would just go to Dubai, which would hurt Antwerp rather than Russia.
Belgium has instead proposed a solution that encompasses the entire G7 and includes a mechanism for keeping diamonds out of major consumer markets, like the United States. In March, ambassador James C. O’Brien, head of the U.S. Office of Sanctions Coordination, stated that the United States hopes to present a proposal for keeping Russian diamonds out of G7 markets at the group’s upcoming summit, which will be held in Hiroshima, Japan, from May 19 to 23.
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