.RUSSIA'S gemstone field is actually under pressure. On January first the G7, a team of wealthy nations, and the European Association disallowed bring ins of rugged rubies mined in Russia-- a third of the total removed worldwide in 2022. On January 3rd the EU incorporated Russia's condition exploration provider, as well as its chief executive, to its own injunctions list. This is actually the initial stage of a detailed decrees system: in March the G7 and EU will certainly ban Russian jewels that have been actually reduced as well as perfected abroad. In September they will launch an accreditation plan to validate where precious stones were actually extracted. These measures amount to the biggest adjustment to business in decades. Why has it taken such a long time to establish injunctions on Russia's gemstone sector-- and what effect will they have?