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Cooperation Agreement Signed Between Armenian Government And Alrosa

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  • Cooperation Agreement Signed Between Armenian Government And Alrosa

    COOPERATION AGREEMENT SIGNED BETWEEN ARMENIAN GOVERNMENT AND ALROSA

    Noyan Tapan
    Aug 06 2007

    YEREVAN, AUGUST 6, NOYAN TAPAN. An agreement on cooperation was signed
    on August 6 between the Armenian government and ALROSA CJSC, one of
    the world's leading companies engaged in gold and diamond mining. NT
    was informed by the RA Government Information and PR Department that
    on the same the delegation headed by the company's chairman Sergei
    Vybornov was received by the prime minister of the RA Serge Sargsian.

    S. Vybornov informed S. Sargsian on further programs of ALROSA and
    their intention to expand the company's activity in and implement
    new and big investment projects in Armenia, taking into account the
    existing experience of cooperation with Armenian diamond cutting and
    jewelry companies, the availability of qualified specialists in our
    country, as well as Armenia's favorable legislative and investment
    environment. ALROSA, which has been operating in Armenia since 2002
    under an intergovernmental agreement, in the words of S. Vybornov,
    aims to develop mutually beneficial cooperation in the gem and jewelry
    sector of Armenia.

    S. Sargsian said that the Armenian government is interested in
    promoting the cooperation and in ALROSA's investment projects. He
    welcomed the entrance of big comapnies into Armenia with the aim of
    carrying out serious and long-term activities, and underlined that
    the Armenian government is willing to assist such companies with
    their work in Armenia. In his words, the agreement signed between
    the government of the RA and ALROSA is an evidence of this.
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