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A short update on efforts related to the G7 Russian diamond ban from Global Affairs Canada (GAC)

As you may have seen, the EU recently announced that it is extending the sunrise period (the period where documentary evidence supporting diamond origin is accepted) until March 1, 2025. In line with G7 partners, documentary evidence will continue to be accepted in Canada during the sunrise period until at least March 1, 2025. Current guidance on the importation of diamonds into Canada can be found HERE and will be updated to reflect requirements as they are phased in.

Canada is also seeking to provide clarity to our industry in the coming weeks on our approach to existing stocks of diamonds of Russian or unknown origin that were outside Russia prior to the entry into force of the different stages of the G7 ban.

The development of a Canadian export node for the certification of diamonds mined in Canada remains under consideration.