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Armenia ups cut diamond exports 8% in 10 mths

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  • Armenia ups cut diamond exports 8% in 10 mths

    Interfax, Russia
    Nov 26 2008


    Armenia ups cut diamond exports 8% in 10 mths

    YEREVAN Nov 26


    Armenia increased cut diamond exports 8.1% year-on-year in
    January-October to 10.8 billion dram ($35.4 million), Aik Mirzoian,
    head of regional and industrial development at the Armenian Economics
    Ministry, told a press conference.

    Cut diamond production rose 12.2% to 29 billion dram and sales of
    finished goods rose 8.5% to 28 billion dram.

    Mirzoian said the industry had emerged from lengthy decline after its
    cutting plants, notably Daimotek and Lori, received some major orders.
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