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ALROSA Diamond Company Expands Cooperation With Armenian Enterprises

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  • ALROSA Diamond Company Expands Cooperation With Armenian Enterprises

    ALROSA DIAMOND COMPANY EXPANDS COOPERATION WITH ARMENIAN ENTERPRISES

    PanARMENIAN.Net
    June 24, 2011 - 17:58 AMT

    PanARMENIAN.Net - ALROSA Russian diamond company expanded cooperation
    in diamond processing sector with Armenian enterprises, with current
    number of ALROSA partners in Armenia to reach 12, Armenian Minister
    of Economy Tigran Davtyan told a news conference in Yerevan.

    According to Armenia-Russia intergovernmental agreement, ALROSA will
    supply USD 30 million worth of diamonds to Armenia in 2011. Increase
    in supply volumes is envisaged.

    According to Economy Minister, negotiations are held to attract
    partners to supply raw materials to local diamond processing companies.

    As of the end of 2011 first quarter, USD 6,8 million worth of diamonds
    was imported to Armenian enterprises.

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