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US lawmakers want India to restrict sale of Russian-origin diamonds

Shortpedia

Content Team
Image Credit: NDTV

A bipartisan group of American lawmakers has sought the help of the Biden administration in restricting the international trade and sale of Russian-origin diamonds, in view of the massive sanctions that the US and its European allies have imposed on Moscow. The company, which reported sales worth USD 4.2 billion last year, is responsible for 90 per cent of Russia's diamond mining capacity, which accounts for 28 per cent globally.