Sanctions against Alrosa to lead to market distortions — Russian Finance Ministry

Business & Economy November 01, 2023, 16:07

"The unprecedentedly aggressive interference in the global market presumes dissemination of the rigorous market practice with unpredictable consequences," the letter reads

MOSCOW, November 1. /TASS/. Sanctions against the Russian diamond miner Alrosa will lead to large-scale market distortions, Deputy Finance Minister Alexey Moiseev said in a letter to participants in the Kimberley Process before its forthcoming plenary session.

"Introduction of restrictive measures against the largest global supplier will inevitable result in large-scale market distortions," Moiseev said.

"The unprecedentedly aggressive interference in the global market presumes dissemination of the rigorous market practice with unpredictable consequences," the letter reads.

Read more on the site →