Surat: (Surat) A new problem has arisen in the diamond industries of Surat as soon as the diamond factories are reopened after the completion of summer vacation. The United States has demanded the revocation of Russia’s KP certification in protest of an unnecessary war against Ukraine, and has pushed for Russia’s removal from the Kimberley Process certification, as well as Zimbabwe and Sierra Leone, by proposing human rights abuses. If Russia’s KP certification is suspended under US pressure, then give Russian Rough or Polished Diamond and you will be included in the list of Conflict or Blood Diamond. If that happens, it could have the biggest impact on India’s diamond and jewelery industry, including Surat and Mumbai. However, some KP member states, including India, are opposed to the proposal. Earlier, the US had pressured Indian diamond companies to write a bill stating that the hero was not made of Russian rough.
The United States has banned diamonds from Russia’s Alroza mine following the Russia-Ukraine war. In a trade advisory sent to the Indian government, the US Department of Trade and Industry has warned of drastic measures against exporting Russian products in the form of raw materials as finished products to the US. In particular, the United States has warned India’s diamond industry that in the wake of the Russia-Ukraine war, the United States has banned diamonds from Russia’s Alroza mine. Polished diamonds and jewelry made from Russian rough diamonds cannot be exported to America in this condition. The United States has warned the Indian government that ready-made diamonds and jewelery made from thin rough of a Russian mining company are coming to the US from Surat-Mumbai.
The government has informed the council and gem and jewelery exporters in India. Since it is difficult to know the country of origin of the thin Russian rough, the US is demanding a bill on the bill to send such diamonds or jewelery to the US stating that the diamonds were not extracted from Russian mines and that the US would ban such diamond firms Warned. Dinesh Nawadia, chairman of GJEPC’s Gujarat region, said the diamond and diamond jewelery made from thin rough would be sent to the American lab GIA for investigation. This work has been assigned to this lab.
About 30% of the rough in India, including Surat-Mumbai, comes from Russia. The United States, on the other hand, is a major market for India’s gem and jewelery industry. Although this was earlier the day of Alroza. CEO Evgeny Aguriv sent a letter to Vallabhbhai Lakhani, chairman of Surat Diamond Bourse, assuring him that Surat-Mumbai trading partners would not be allowed to run out of rough.