Skip to Content

Belgium’s prime minister says his country supports a ban on Russian diamonds as part of sanctions

Associated Press

BRUSSELS (AP) — Belgium’s prime minister says his country, which has the biggest interest in the global diamond trade in the European Union, is supporting a ban on Russian diamonds as part of sanctions targeting President Vladimir Putin’s government for its war against Ukraine. This came during Ukrainian President Volodymyr Zelenskyya’s visit to Brussels on Wednesday. For months, the Group of Seven advanced economies and the EU have been working on a scheme to trace and restrict the trade in Russian diamonds to prevent it from skirting the sanctions. Russia exports about $4 billion worth of rough diamonds a year, nearly a third of the world’s total, according to various estimates.

Article Topic Follows: AP-National

Jump to comments ↓



ABC 17 News is committed to providing a forum for civil and constructive conversation.

Please keep your comments respectful and relevant. You can review our Community Guidelines by clicking here

If you would like to share a story idea, please submit it here.

Skip to content