.RUSSIA'S precious stone market is actually under the gun. On January 1st the G7, a team of rich countries, and the European Alliance outlawed bring ins of tough precious stones mined in Russia-- a 3rd of the total drawn out worldwide in 2022. On January 3rd the EU incorporated Russia's condition exploration firm, and its own leader, to its sanctions listing. This is the initial period of an extensive decrees scheme: in March the G7 and also EU will prohibit Russian gems that have been cut and also perfected abroad. In September they will present a qualification system to validate where rubies were unearthed. These solutions add up to the greatest adjustment to your business in many years. Why possesses it taken as long to impose injunctions on Russia's ruby business-- and what influence will they have?