Global Trade Alert
Global Trade Alert

United States of America: Government prohibits the import of diamond jewellery and unsorted diamonds from Russia

Announcement

08 Feb 2024

In February 2024, OFAC prohibited the import of diamond jewellery and unsorted diamonds from Russia.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

01 Mar 2024

Revocation date:

No revocation date

Import ban In force

On 8 February 2024, the Office of Foreign Assets Control (OFAC) of the U.S. Department of Treasury issued a determination that expands the scope of the import ban on diamonds to cover diamond jeweller...

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