The Belgian diamond industry is facing a crisis, with a large number of diamond trading companies withdrawing

One year after the European Union issued the "Diamond Ban," what is the state of the diamond industry in Europe? Hoveniersstraat in Antwerp, Belgium, is a historic diamond street with a history of hundreds of years, where nearly 2,000 diamond-related businesses once thrived along this street of over 100 meters. According to statistics, there are more than 6,000 jobs directly related to the diamond industry in Antwerp. To comply with the "Diamond Ban," diamond traders are required to provide certificates of origin and implement diamond traceability systems, and traders' financial accounts are also subject to strict restrictions and supervision. The import volume of rough diamonds in Belgium has sharply declined, dropping by 38% this year alone, leading to a significant loss of jobs. In the past two years, many companies engaged in diamond trading have gradually left. (CCTV Finance)