Warning to the Trade

Introduction

Sanctions

The information on Sanctions in this section will be updated on a regular basis

September 13, 2023

Martin Rapaport discusses the challenges faced by the industry due to Russian sanctioned diamonds.

April 7, 2022

The US Office of Foreign Asset Control’s Order regarding sanctions on Russian diamonds, as of April 2022

March 29, 2023

Martin Rapaport discusses the challenges faced by the industry due to Russian sanctioned diamonds.

March 11, 2022

I, JOSEPH R. BIDEN JR., President of the United States of America, in order to take additional steps with respect to the national emergency declared in Executive Order 14024…

October 17, 2023

The Clean Diamond Trade Act, implemented on July 29, 2003, requires that rough diamonds imported or exported from the United States be controlled through the Kimberley Process.