Diamond import ban updated

Prohibit the purchase, import, or acquisition of certain diamonds mined or produced in Russia that are exported, processed and/or polished in a third country. The prohibition reduces the size threshold of diamonds banned from 1 carat and higher to 0.5 carats and higher and applies to any person (General or entity) in Canada as well as Canadians outside of Canada. The prohibitions do not apply to the import of diamonds if they were outside of Russia before the entry into force of the different stages of the G7 ban (legacy diamonds).