Recital 8

Council Regulation (EU) 2024/1745 of 24 June 2024 amending Regulation (EU) No 833/2014 concerning restrictive measures in view of Russia’s actions destabilising the situation in Ukraine · European Union

(8) Given that there are considerable stocks of diamonds held outside Russia which no longer provide revenue to Russia, but which may need to be exported for processing or imported after processing, Decision (CFSP) 2024/1744 clarifies that rough diamonds imported from Russia prior to 1 January 2024 and polished diamonds imported from Russia or manufactured before 1 March 2024 or 1 September 2024, depending upon the weight of the diamond, are not covered by the diamond ban. Decision (CFSP) 2024/1744 also amends the ban on Russian diamonds in order to enable the temporary import or export of jewellery for repairs, auctions and trade fairs. It also amends the scope of application and the date of entry into force of the requirement to provide traceability-based evidence.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-17 · Text as adopted (Official Journal); later amendments are not incorporated in this text.