Russia

Russia to strengthen cooperation with diamond mining countries — Finance Ministry

TASS English · 2026-06-18

AI SUMMARY

• What happened: Russia's Deputy Finance Minister Alexey Moiseev announced plans to enhance cooperation with diamond mining countries and promote Russian regulations as best practices in international organizations. • Why it matters: This initiative aims to preserve the industrial potential of diamond mining and ensure sustainable development for local communities amid increasing global competition and regulatory challenges. • What to watch next: Monitor developments in Russia's bilateral interactions with diamond mining nations and any resulting changes in international diamond trade regulations.

Russia to strengthen cooperation with diamond mining countries — Finance Ministry Russian regulation will be promoted as a best practice in international organizations, as part of bilateral interactions with partners at the level of intergovernmental commissions, Deputy Finance Minister Alexey Moiseev saidMOSCOW, June 18. /TASS/. Russia plans to strengthen coordination of cooperation among diamond mining countries to preserve the industrial potential of diamond mining, Deputy Finance Minister Alexey Moiseev told TASS. "We will promote Russian regulation as the best practice in international organizations, as part of bilateral interactions with partners at the level of intergovernmental commissions," Moiseev said. "Coordination of intergovernmental cooperation of diamond mining countries will be strengthened to preserve the industrial potential of diamond mining and ensure sustainable development of local communities," he added. 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Source: TASS English
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