G7 ban on Russian-origin diamonds to hit Indian exports
SummaryThe forum has banned imports of diamonds made from Russian roughs from March. The US is India's biggest export market. It has also left the domestic industry guessing which sizes of polished diamond will be affected.
The Group of 7 nations’ plan to ban imports of polished diamonds made from Russian rough stones from March as part of measures against the country’s invasion on Ukraine has left Indian diamantaires on shaky ground.