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Armenia's Diamond Industry Experiences Shortage Of Raw Materials

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  • Armenia's Diamond Industry Experiences Shortage Of Raw Materials

    ARMENIA'S DIAMOND INDUSTRY EXPERIENCES SHORTAGE OF RAW MATERIALS

    PanARMENIAN.Net
    01.12.2009 15:56 GMT+04:00

    /PanARMENIAN.Net/ In conditions of global crisis, the diamond
    processing industry of Armenia maintains its pace, but there is a
    problem with the availability of raw materials.

    As RA Economy Minister Nerses Yeritsyan told journalists in Nor
    Hajn-based Lori LLC on Tuesday, "major suppliers of raw materials
    prefer not to sell rough diamonds at low prices, but rather keep them".

    According to him, many international companies indicate that the
    diamond industry has started to recover, and Armenia should seize
    this opportunity.
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