Russian diamonds exempt from WTO regulations under Kimberly Process

Russia has been granted an exemption by the World Trade Organization (WTO) with regard to diamond trade as a member of the Kimberley Process.

The Kimberley Process, ensuring good origins of diamonds, imposes restrictions prohibited by the WTO, but the latter agreed in 2003 to grant exemptions to the process’ members.

Source (Russian): Business TASS via Brightwire News.