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ARMENIA DISCUSSING NEW LOAN WITH RUSSIA - PREMIER
Itar-Tass
Dec 25 2009
Russia
The Armenian government is holding negotiations with Russia on a new
loan, Prime Minister Tigran Sargsyan told a Friday press conference.
"We asked Russia for a $100 million loan. The loan will be spent
exclusively on the development of jewelry business in Armenia,"
he said.
"If the negotiations are successful and a deal is signed with
Russia's ALROSA, Armenia will open a diamond exchange and supply
Russian diamonds to local jewelry factories," he said.
Itar-Tass
Dec 25 2009
Russia
The Armenian government is holding negotiations with Russia on a new
loan, Prime Minister Tigran Sargsyan told a Friday press conference.
"We asked Russia for a $100 million loan. The loan will be spent
exclusively on the development of jewelry business in Armenia,"
he said.
"If the negotiations are successful and a deal is signed with
Russia's ALROSA, Armenia will open a diamond exchange and supply
Russian diamonds to local jewelry factories," he said.