Crystallizing the impact of the proposed EU sanctions on diamonds

With the next round of EU Russia sanctions to be shortly introduced, luxury & fashion companies are having to navigate, yet again, what this means for their own business operations.  Even if not importing from Russia, the need to prove this is not the case can cause logistical issues and problems at customs if not anticipated. Customs and trade experts, Lionel Van Reet and Jean-Guillaume Benoit discuss the latest thoughts in advance of the official announcement of the 12th round of Russian sanctions, in which diamonds take center stage. They explore what this means in practical terms and what businesses need to be doing now to reduce the risk of supply chain disruption.