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The diamond industry in Russia, mainly operated by Alrosa, is facing significant pressure due to sanctions imposed by the G7 and the European Union. These sanctions aim to restrict the import and trade of Russian diamonds in response to Russia's actions, particularly its invasion of Ukraine in 2022. The sanctions include a ban on the import of rough diamonds from Russia, followed by a prohibition on the trade of cut and polished Russian gems. Additionally, a certification scheme will be introduced to verify the origin of diamonds, aiming to increase transparency in the industry and prevent the sale of "blood diamonds." The question stands - How far is this aimed at? =========================================== Hope you like the video. Let’s unlock together your full potential and achieve remarkable success in the world of business. If you are new to the channel do like, share and subscribe for more such content related to business and finance. Till then, goodbye everyone. #russianews #diamond #g7 #indian #diplomacy #youtube #youtubevideos #youtubeviral