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World Federation Of Diamond Bourses

The WFDB and the G7 Sanctions

President’s Letters

Dear Friends, On February 24, 2023, the G7 Countries (USA, Canada, Germany, France, Italy, UK & Japan – along with the EU) made a statement regarding restrictive measures on Russian Diamonds. They stated that they would work closely to engage key partners in the diamond industry. This was followed up by another statement on May … Read more

WFDB Response to G7 Statement on Russian Diamonds

Press Release

Antwerp, December 18, 2023: The World Federation of Diamond Bourses (WFDB), which represents 27 diamond bourses and close to 30,000 bourse members worldwide, reiterates its support for the objectives of the G7 to restrict the import of rough and polished diamonds originating in Russia. The WFDB will continue to cooperate with the G7, the World … Read more

WFDB Response to the G7 Statement on Russian Diamonds

President’s Letters

Dear friends, The G7 countries released a statement on December 6 which sets forth import restrictions on Russian diamonds from January 1, 2024 and further restrictions as of March 1, 2024, as well as calling for a traceability-based verification and certification mechanism for rough diamonds in a single-entry point in the G7 by September 1, … Read more