Background

G7 to introduce import restrictions on Russian diamonds next month

“As part of these steps, the G7 will introduce import restrictions on "nonindustrial diamonds, mined, processed, or produced in Russia," followed by further phased restrictions on the import of Russian diamonds processed in third countries.”

[Kyodo News]

EU extends Generalized Scheme of Preference regulation for four years

“The EU GSP removes import duties from products coming into the EU market from vulnerable developing countries.”

[European Commission]

Green shipping partnership signed by ports of Singapore, LA, and Long Beach

“The partners will work together to help ships achieve net-zero greenhouse gas emissions while providing greater access to environmentally friendly technologies. They will also look to increase the use of zero and near-zero-emission fuels and energy sources amongst transpacific shippers.”

[Supply Chain Brain]

China grants tariff-free access to six African countries

“The African nations are some of the most resource-rich on the continent – especially the DRC, the source of more than 60 per cent of China’s cobalt imports, and Angola, a major exporter of petroleum and diamonds.”

[South China Morning Post]

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