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Showing posts with the label Russia sanction and diamond

Sanctions: Alrosa do not see any major risk!

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Keep diamond trade out of politics!   Right with the announcement of Sanctions from the US & allies upon Russia, not only India but also the global diamond fraternity too; started assessing the scenario and if that can impact on diamond trade especially from Alrosa?   In the row, Nayan Jani asked a question to Alrosa. No doubt, as of today Alrosa do not see any major risk.   Jim Vimadalal, Director-Alrosa Company Limited said, “Alrosa is carefully studying the new working conditions in connection with the imposed sanctions.   We are doing our best to guarantee the integrity of our operations, trading activities and interaction with clients. The company intends to continue its work normally. We hope that the industry markets will stay strong during this global turbulence, and we will stay closely connected with our businesses throughout the whole world, based on the relationships that were strengthened over decades and through a lot of crises. We encourage our partners and indu