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Asharq Al-Awsat
Asharq Al-Awsat
Lifestyle
Asharq Al-Awsat

Clock Ticking on Swiss Watches' Raw Materials from Russia

Russia is a major supplier of diamonds, gold and other precious metals to luxury watchmakers. Fabrice COFFRINI AFP

Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs.

Russia is a major supplier of diamonds, gold and other precious metals to the luxury watchmakers exhibiting at Watches and Wonders, one of the world's top salons for the prestige industry, AFP said.

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