G7 countries agree to gradually restrict diamond imports from Russia
G7 countries have agreed on measures to restrict imports of Russian diamonds, the first of which is planned to be implemented by January 1, 2024/
This was reported by Censor.NET with reference to Interfax-Ukraine.
"We will impose restrictions on imports of non-core diamonds mined, processed or produced in Russia by January 1, 2024. This will be followed by gradual restrictions on imports of Russian diamonds processed in third countries. The estimated start date for these restrictions is March 1, 2024," the G7 statement released by the British Prime Minister's Office said.
"To strengthen the effectiveness of these measures, those G7 countries that import a lot of rough diamonds will introduce a powerful tracking system and certification of such diamonds within the G7. This will be done by September 1, 2024," the document says.
The statement also noted that the G7 countries "remain committed to export restrictions on all goods that are critical to Russia's military and industrial sectors" and called on "third parties" to comply with these measures.
According to the statement, the Group of Seven intends to step up its efforts to provide humanitarian aid and support Ukraine's energy infrastructure amid the onset of winter.
In addition, the document states: "We will update our measures and intensify our efforts to combat sanctions circumvention."
The G7 leaders also noted that they would "consider all possible options to help Ukraine obtain compensation from Russia." At the same time, they emphasize that only options "that do not violate the laws of our countries and the principles of international law" can be considered.
