this post was submitted on 15 Nov 2023
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This is the best summary I could come up with:
Now the European Commission has proposed extending to diamonds a series of sanctions imposed on Russia since its full-scale invasion of Ukraine.
The EU has until now avoided a ban, largely because Belgium has been keen to protect the city of Antwerp: the diamond capital of the world.
In a corner of his office, Thierry opens a safe of colossal proportions and takes out a small white envelope, folded in half.
"There is a direct link between buying Russian diamonds and financing the war in Ukraine," says Filip Reyniers, director of IPIS - a research institute based in Antwerp.
He stopped importing Russian gemstones within a few weeks of the Ukraine invasion - which has resulted in higher costs for his business - and he believes the rest of the industry should have taken a firmer stance.
"Russian diamonds have come to symbolise war and human rights violations," said Belgian Prime Minister Alexander De Croo in September.
The original article contains 1,007 words, the summary contains 157 words. Saved 84%. I'm a bot and I'm open source!