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Russia Ends Export Tax On Diamond Supplies To Armenia

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  • Russia Ends Export Tax On Diamond Supplies To Armenia

    RUSSIA ENDS EXPORT TAX ON DIAMOND SUPPLIES TO ARMENIA

    IDEX - International Diamond Exchange
    Dec 3 20 - 13

    (December 3, '13, 2:26 Albert Robinson)

    (IDEX Online News) - Russia and Armenia have signed an agreement to
    cancel duties on exports of diamonds to Armenia.

    The deal was signed by Russian President Vladimir Putin and Armenia's
    Serzh Sargsyan, and follows Armenia's decision in September to join
    the Moscow-led Customs Union of Russia, Belarus and Kazakhstan.

    Western analysts say Russia is pressuring the former states of
    the Soviet Union financially to prevent them integrating with the
    European Union.

    Current anti-government demonstrations in Ukraine follow the
    government's decision last week not to sign key agreements with the
    European Union in favor of stronger economic ties with Russia.

    Sargsyan said his country would take the necessary measures to join
    the union as soon as possible.

    Russia and Armenia also agreed on cheaper prices for natural gas and
    oil products.

    Russia's Alrosa sold 40,233 carats of diamonds worth $4.85 million
    to Armenia in the January-September period of this year.

    http://www.idexonline.com/portal_FullNews.asp?id=38872



    From: Emil Lazarian | Ararat NewsPress
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