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ALROSA QUOTA ON DIAMOND SALE TO ARMENIAN MIGHT INCREASE
news.am
Aug 1, 2011
Armenia
YEREVAN. - The $30 million ALROSA quota for diamond sale to Armenian
businessmen might be increased, the head of Domestic Market Regulation
Department of Armenian Ministry of Economy Gagik Kocharyan told
Armenian News-NEWS.am.
According to him, at present four Armenian jewelry companies purchase
rough diamonds from ALROSA.
"ALROSA is constantly monitoring our companies for compliance with
their criteria. Over the past few years they have made four visits,"
said Kocharyan.
According to him, the Ministry of Economy holds negotiations
with the Russian company to increase the quota and the number of
purchaser-companies. Currently, Armenia has 10-12 operating diamond
companies, the volume of the jewelry industry between January - June
2011 amounted to AMD 4.75 billion (about $ 13 million). Recently
Armenia signed agreements with other suppliers of raw materials -
a memorandum on cooperation in the diamond industry was signed with
South Africa in 2010.
ALROSA is world's largest diamond mining company. During the first
half of 2011 the company produced 19 million carats of diamonds.
From: Baghdasarian
news.am
Aug 1, 2011
Armenia
YEREVAN. - The $30 million ALROSA quota for diamond sale to Armenian
businessmen might be increased, the head of Domestic Market Regulation
Department of Armenian Ministry of Economy Gagik Kocharyan told
Armenian News-NEWS.am.
According to him, at present four Armenian jewelry companies purchase
rough diamonds from ALROSA.
"ALROSA is constantly monitoring our companies for compliance with
their criteria. Over the past few years they have made four visits,"
said Kocharyan.
According to him, the Ministry of Economy holds negotiations
with the Russian company to increase the quota and the number of
purchaser-companies. Currently, Armenia has 10-12 operating diamond
companies, the volume of the jewelry industry between January - June
2011 amounted to AMD 4.75 billion (about $ 13 million). Recently
Armenia signed agreements with other suppliers of raw materials -
a memorandum on cooperation in the diamond industry was signed with
South Africa in 2010.
ALROSA is world's largest diamond mining company. During the first
half of 2011 the company produced 19 million carats of diamonds.
From: Baghdasarian