Menu Click here
website logo
Sign In| Sign Up
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
Diamond trading
Search for Diamonds Manage Listings IDEX Onsite
diamond prices
Real Time Prices Diamond Index Price Report
news & research
Newsroom IDEX Research Memo Search News & Archives RSS Feeds
back back
MY IDEX
My Bids & Asks My Purchases My Sales Manage Listings IDEX Onsite Company Information Branches Information Personal Information
Logout
Newsroom Full Article

Belgium Calls For Global Boycott of Russian Diamonds

January 30, 23 by John Jeffay

(IDEX Online) - Belgium's prime minister has again said opposes an EU ban on Russian diamonds, calling instead for a global boycott.

Alexander De Croo (pictured) was speaking as the 27 EU members prepared to implement a 10th round of sanctions.

He said the only effective way to stem the ongoing flow of Alrosa's goods would be if all Western nations signed up to a ban, backed by a watertight traceability system.

"Russian diamonds are blood diamonds," he said in a statement to the Politico, the Brussels-based politics website.

"The revenue for Russia from diamonds can only stop if the access of Russian diamonds to Western markets is no longer possible. On forging that solid front, Belgium is working with its partners." 

Belgium's imports of Russian gem quality diamonds have fallen by an estimated 80 per cent, largely because of unofficial boycotts by individual jewelers.

Diamond Index
Related Articles

Belgian Prime Minister Restates Opposition to Diamond Sanctions

September 15, 22 by John Jeffay

Read More...

EU Sanctions could Cost 10,000 Antwerp Diamond Jobs

October 06, 22 by John Jeffay

Read More...

Newsletter

The Newsletter offers a quick summary of the past week's industry news and full articles.
Our Services About IDEX Privacy & Security Terms & Conditions Sign-Up Advertise on IDEX Industry Links Contact Us
IDEX on Facebook IDEX on LinkedIn IDEX on Twitter