Editor’s Note
The European Union has proposed its 12th package of sanctions against Russia, targeting the import of diamonds among other measures. This latest move underscores the bloc’s ongoing response to the war in Ukraine. The proposal requires unanimous approval from all 27 member states to take effect.
The European Commission of the European Union (EU) proposed its 12th sanctions package against Russia, which continues its invasion of Ukraine, on the 14th. According to Reuters, the proposal includes a ban on imports of Russian diamonds. Approval from all 27 member states is required to impose the sanctions.
According to Reuters, the sanctions proposal includes a ban on diamond imports from Russia starting January 2024, as well as the introduction of a mechanism to prevent imports of Russian diamonds processed in third countries…