The European Union has declared a delay in the enforcement of strict traceability requirements for imported polished diamonds, moving the deadline from March 2025 to January 1, 2026. This adjustment is part of the ongoing initiatives by the G7 to enhance governance and create a level playing field in the international diamond market.
According to the adjusted schedule, imports of rough diamonds (listed under CN codes 7102 10 00 and 7102 31 00) will still necessitate a certificate verifying their origin from March 1, 2025, as per Council Regulation (EC) No 2368/2002. This certificate must clearly indicate the country or countries where the diamonds were extracted, ensuring they do not originate from Russia, as mandated by Regulation (EU) No 833/2014. However, for polished diamonds (CN code 7102 39 00), the requirement to provide traceability-based documentation, including a certificate confirming they are not mined, processed, or produced in Russia, has been pushed back to January 1, 2026.
The postponement of the traceability obligations for polished diamonds highlights the difficulties in establishing an effective system. EU officials stated that tackling governance issues will require ongoing collaboration with G7 countries and other nations. This partnership aims to ensure a smooth rollout while keeping up continuous communication among G7 member states regarding diamond-related policies.
Mr. Kirit Bhansali, Chairman of GJEPC, remarked, “We are glad to hear about the EU’s decision to postpone the traceability requirements for diamond imports to January 2026. This extension is the result of ongoing dialogue between the GJEPC, the Indian Government, and the G7 Technical Team to develop a practical procedure with an achievable timeline. It gives the Indian diamond sector much-needed relief during these challenging times influenced by various factors. This will bolster India’s status as a global leader in the diamond market. We look forward to collaborating closely with the G7 and other partners for a transparent and sustainable future.”
The EU’s announcement emphasizes its dedication to improving the G7 framework on diamond traceability, ensuring that the worldwide supply chain remains clear and free from conflict-associated or sanctioned sources.