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Armenia in Negotiations with Russia for Jewelry Business Loan

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  • Armenia in Negotiations with Russia for Jewelry Business Loan

    Israel Diamond Portal
    Dec 27 2009

    Armenia in Negotiations with Russia for Jewelry Business Loan

    27.12.09, 11:15 / World

    At a press conference last Friday, Prime Minister Tigran Sargsyan
    disclosed that the Armenian government is in the middle of
    negotiations with Russia on a new loan designed to be used exclusively
    for the development of the jewelry business in Armenia.

    If the deal goes through, the $100 million loan will assist Armenia in
    the opening of a diamond exchange that will be used to supply Russian
    diamonds to local jewelry factories.


    http://www.israelidiaArmenia in Negotiations with Russia for Jewelry
    Business Loan
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