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India eases import regulations for major rough producers.(FACETS)

Israel Diamonds, April, 2007

The Reserve Bank of India is to allow the import of rough diamonds from five major mining companies in respect of which advance payments without bank guarantee will be permitted. The bank's decision was made on the recommendation of the Gems and Jewellery Export Promotion Council (GJEPC).

The five companies are Rio Tinto, BHP Billiton, Endiama EP, Alrosa and the Diamond Trading ...

 

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