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RA Prime Minister Tigran Sargsyan Received A Delegation Headed By Se

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  • RA Prime Minister Tigran Sargsyan Received A Delegation Headed By Se

    RA PRIME MINISTER TIGRAN SARGSYAN RECEIVED A DELEGATION HEADED BY SERGEY VYBORNOV, THE PRESIDENT OF ALROS, WHICH IS A LEADING RUSSIAN DIAMOND MINING COMPANY

    http://www.gov.am/en/news/item/4493/
    Wedn esday, 4 March 2009

    RA Prime Minister Tigran Sargsyan received a delegation headed by
    Sergey Vybornov, the President of ALROS, which is a leading Russian
    diamond mining company.

    The parties discussed the cooperation prospects amidst the global
    financial and economic crisis, as well as the possibilities for
    supporting key Armenian diamond processing companies.

    The President of ALROSA suggested providing Armenia with a sizeable
    credit line which will enable our country to get as much rough diamond
    from this Russian company as is necessary to meet Armenian entities'
    requirements in raw materials for a few years ahead.

    The two sides agreed to hold an extra discussion concerning the details
    of this mutually beneficial facility allowing for any eventual risks
    as seen from the Lender's and the Borrower's perspective, as well as
    considering the possible impact of the global financial and economic
    crisis.
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