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India to lift moratorium on rough imports

Quotes by Jewellerynet

India is ending a two-month freeze on rough diamond imports, with the Gem and Jewellery Export Promotion Council (GJEPC) saying the initiative helped stabilise the country’s diamond industry.

The voluntary suspension, which commenced on October 15 this year, will be lifted on December 15. The move was meant to address challenges arising from a demand-supply imbalance. 

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