The EU is preparing the 12th package of sanctions against the Russian Federation, which may include a ban on diamonds – media
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The European Union’s next sanctions package will concern restrictions on trade in Russian diamonds, the relevant decision is already being discussed at the G7 level.
About this writes EUobserver with reference to a source in Brussels
It is noted that the ban on Russian trade in diamonds should become the main star in the 12th round of EU sanctions.
The EU is expecting an announcement from the G7 regarding the introduction of restrictions on Russian diamonds in the coming days.
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“The system has been ready for several weeks, and now we are waiting for the final declaration of the G7, which will cement it in words and confirm the will of the G7 to work with this system,” the source said.
In general, the G7 countries account for 70% of the global end-consumer demand for diamonds.
It is added that the next discussion regarding the twelfth package of EU sanctions against the Russian Federation should begin this weekend or at the beginning of next week.
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Also read: 20 billion for Putin. Why Western countries do not dare to impose sanctions against Russian metals and diamonds
We will remind:
Earlier it was reported that between the European Commission and the EU countries soon will begin consultations on the details of the 12th package of sanctions against Russia, this process will be completed in November-December.
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