INDIA STUDIES INVESTMENT POTENTIAL IN ARMENIA'S DIAMOND PRODUCTION

10:17, 31 May, 2013

YEREVAN, MAY 31, ARMENPRESS: In case of finding corresponding
potential in the field of diamond production in the Republic of
Armenia, Armenia could become a partner country and make investments.

This was reported to Armenpress by the Ambassador Extraordinary and
Plenipotentiary of India to the Republic of Armenia Suresh Babu,
touching upon the prospects of development of the Armenian-Indian
relations in the field of diamond production.

Suresh Babu stated that he has been appointed the Ambassador
Extraordinary and Plenipotentiary of India to the Republic of Armenia
for already three months and he is currently studying our country's
potential in the sphere of diamond production and other fields for
making investments.

In case of finding corresponding potential in the field of diamond
production in the Republic of Armenia in the result of the studies,
India could become a partner country and start a mutually beneficial
cooperation thus developing the possibilities of the Armenian side
in this field.

In 2012 1500 carats of diamonds were exported from the Republic of
Armenia to India. During the previous year 135 thousand 900 carats
of diamonds were exported from the Republic of Armenia. In the first
three months of the year of 2013 67 thousand 300 carats of diamonds
were exported from Armenia with the total customs value of 24 million
400 thousand USD.

http://armenpress.am/eng/news/720718/india-studies-investment-potential-in-armenia%E2%80%99s-diamond-production.html



From: Emil Lazarian | Ararat NewsPress