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US may not implement diamond traceability program like EU

The United States is reportedly softening its position on Russian sanctions, amid suggestions that it may not implement a traceability program like the EU.

The US, one of the G7 nations that agreed to the sanctions last December is now said to be "re-evaluating the strictest elements", according to a Reuters report.

An anonymous source in the Biden administration as saying there had to be the right balance between hurting Russia and making sure the sanctions could be implemented.Another indicates that it may not be possible to implement an effective traceability mechanism by 1 September.

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