Tweet
ALROSA TO HELP ARMENIA DEVELOP DIAMOND CUTTING INDUSTRY
By Avi Krawitz Posted: 08/07/07 05:14 [Submit Comment]
Diamonds.net, NY
Aug 7 2007
RAPAPORT... The government of Armenia has signed a cooperation
agreement with Russian diamond company ALROSA to help develop a
diamond cutting and polishing industry in Armenia.
The agreement was signed during ALROSA president Sergey Vybornov's
visit to Armenia this week. Vybornov met with Armenia's President
Robert Kocharyan and Prime Minister Serge Sargsyan during the visit,
as Armenia seeks to strengthen ties with the diamond mining giant.
"We intend to start the cooperation and prove that Armenia has enough
potential in this sphere on the basis of which it is possible to
implement long-term programs," ARKA News Agency quoted Armenia's
minister of trade and economic development, Nerses Yeritsyan,
as saying.
Yeritsyan explained that the agreement predetermines three main
development prospects including the commencement and renewal of
activities in the diamond cutting sphere. He added that in the long
term, ALROSA would invest to extend the cooperation to the jewelry
sector.
Vybornov said ALROSA intends to provide Armenian companies with part
of Russian rough diamonds which are not economically viable to cut
in Russia, Arka reported.
By Avi Krawitz Posted: 08/07/07 05:14 [Submit Comment]
Diamonds.net, NY
Aug 7 2007
RAPAPORT... The government of Armenia has signed a cooperation
agreement with Russian diamond company ALROSA to help develop a
diamond cutting and polishing industry in Armenia.
The agreement was signed during ALROSA president Sergey Vybornov's
visit to Armenia this week. Vybornov met with Armenia's President
Robert Kocharyan and Prime Minister Serge Sargsyan during the visit,
as Armenia seeks to strengthen ties with the diamond mining giant.
"We intend to start the cooperation and prove that Armenia has enough
potential in this sphere on the basis of which it is possible to
implement long-term programs," ARKA News Agency quoted Armenia's
minister of trade and economic development, Nerses Yeritsyan,
as saying.
Yeritsyan explained that the agreement predetermines three main
development prospects including the commencement and renewal of
activities in the diamond cutting sphere. He added that in the long
term, ALROSA would invest to extend the cooperation to the jewelry
sector.
Vybornov said ALROSA intends to provide Armenian companies with part
of Russian rough diamonds which are not economically viable to cut
in Russia, Arka reported.