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Armenia polished exports up over 8%

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  • Armenia polished exports up over 8%

    Tacy, Israel
    Nov 30 2008


    ARMENIA POLISHED EXPORTS UP OVER 8%

    30 November 2008


    Armenia's cut diamond exports in the first ten months of 2008, worth
    over US$35 million, increased by over 8 percent from the country's cut
    diamond exports in January to October 2007, says Aik Mirzoian, Head of
    Regional and Industrial Development at the Armenian Economics
    Ministry.

    Mirzoian says that local cutting plants Daimotek and Lori have
    received some major orders, thus assisting the industry to emerge from
    its lengthy decline.

    Armenia's cut diamond production rose by over 12 percent during this
    period, while sales of finished goods rose 8.5 percent.
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