Ban of sale of Russian diamonds might affect Namibia

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The Minister of Mines and Energy, Tom Alweendo, is concerned about the G7 nations' proposal to ban the sale of Russian diamonds.

This, Alweendo says, could have implications for African diamond-producing countries, including Namibia.

Earlier this year, the G7 announced consideration to restrict the sale of non-industrial diamonds mined, processed, or produced in Russia by January 1, 2024, followed further by phase restrictions on the import of Russian diamonds processed in third countries by March 1, 2024.