Sanctions on Russian diamonds put a million jobs at risk – media   ...News

G7 plan to restrict gem exports from Moscow poses a threat to India's polishing industry Restrictions on exports of Russian diamonds that the G7 countries have been considering for over a year pose a threat to India's polishing industry, the Economic Times reports. The Indian diamond industry cuts and polishes nine out of ten diamonds in the world at a processing hub in Surat, the outlet said. A potential embargo is weighing heavily on Surat's more than 4,000 diamond processing companies, which employ at least a million craftsmen, polishers, and traders, according to industry experts. The town of Surat imports at

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