In response to the evolving landscape of the diamond trade and the forthcoming regulations impacting our industry, we understand that these times of transition may bring about challenges and questions for many of our stakeholders. Recognizing the importance of staying informed and prepared, we’re taking proactive steps to support you through these changes.
As of 1 January 2024, the prohibition applies to ALL natural, non-industrial rough or polished diamonds that originate in Russia, that have been exported from Russia. As of 1 March 2024 the prohibition applies to Russian natural, non-industrial rough or polished diamonds that have been processed in a third country and equal to or above 1 carat.
Antwerp World Diamond Centre (AWDC) fully grasps the concerns regarding potential delays in the release of your shipments and any uncertainties surrounding the proper declaration of goods. To facilitate a streamlined process, we’ve identified key factors and developed a comprehensive decision tree to guide you through the declaration process for importing goods into the EU. It’s important to note that industrial diamonds fall outside this scope.
There are some crucial elements that ensure a smooth release of diamond shipments, and these are listed here. In addition, a detailed decision tree has been drawn up, which clearly shows the steps to follow to ensure a smooth release of your goods.
Furthermore, AWDC would like to invite you to a webinar, where all the steps that need to be followed to declare your shipments for import into the EU will be explained in detail. Furthermore, AWDC would like to invite you to a webinar, where all the steps that need to be followed to declare your shipments for import into the EU will be explained in detail.
This webinar will take place on Thursday 21 March 2024, 14:00 CET.
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