Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Russia suspended membership payments to the Arctic Council

14 february 2024

Russia has suspended the payment of annual membership fees to the Arctic Council, the Foreign Ministry told RIA Novosti.

"At the moment, Russia's payment of annual fees to the budget of the Arctic Council has been suspended until the resumption of practical work in this format with the participation of all member countries," the ministry said.

According to the Foreign Ministry, the current joint projects are being affected in such fields as the preservation of the fragile ecosystem of the Arctic, conducting polar research and marine scientific expeditions, developing humanitarian ties, improving the quality of life and well-being of the population and indigenous peoples of the Far North.

At the same time, the ministry said that "today the question of a possible withdrawal [of Russia] from the Arctic Council is not in the practical plane."

The Arctic Council was established in 1996. It is a high-level intergovernmental forum that promotes cooperation in the region, especially in the field of environmental protection. Among the member states of the Council are Denmark (including Greenland and the Faroe Islands), Iceland, Canada, Norway, Russia, the USA, Finland and Sweden. The rotation of the Chair countries takes place every two years.

In March 2022, the Western member countries of the council announced the suspension of participation in any events of the association in protest against the events in Ukraine. In May 2023, Norway assumed the presidency of the Council.

Alex Shishlo for Rough&Polished