.RUSSIA'S gemstone field is actually struggling. On January first the G7, a group of rich nations, and the European Alliance outlawed bring ins of tough precious stones mined in Russia-- a third of the complete drawn out worldwide in 2022. On January 3rd the EU included Russia's condition exploration provider, as well as its own ceo, to its injunctions list. This is the initial stage of a comprehensive decrees program: in March the G7 and EU will prohibit Russian treasures that have been actually cut as well as fine-tuned abroad. In September they are going to launch a qualification program to validate where gemstones were actually mined. These steps amount to the greatest modification to business in decades. Why possesses it taken such a long time to enforce sanctions on Russia's gemstone market-- and what influence will they have?