British stop on Russian diamonds

— As today’s sanctions disclosure shows, the G7 countries remain united in the face of the threat from Russia and we are unwavering in our support for Ukraine, says Prime Minister Rishi Sunak.

According to the British government, Russia exported $4 billion worth of diamonds in 2021. The import bans are expected to come into effect when new legislation is hammered out later this year.

The British government also imposes sanctions on 86 individuals and companies. They have links to the Russian defense industry and areas such as energy, metals and shipping.

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