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Armenia And Belgium Agree To Activate Cooperation In Diamond Cutting

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  • Armenia And Belgium Agree To Activate Cooperation In Diamond Cutting

    ARMENIA AND BELGIUM AGREE TO ACTIVATE COOPERATION IN DIAMOND CUTTING

    ArmInfo
    2008-11-06 21:09:00

    ArmInfo. Armenian President Serzh Sargsyan and Belgian Prime Minister
    Yves Leterme have agreed to activate cooperation in the sphere of
    diamond cutting.

    As the Public Television of Armenia reports, Serzh Sargsyan said that
    Belgium is an important partner for Armenia among the EU countries. The
    commodity turnover between Belgium and Armenia exceeds 0.25 bln USD and
    the lion's share in the commodity turnover falls on diamonds. (Editor:
    Belgium is both the supplier of rough diamonds and buyer of the
    finished product).

    The sides agreed to diversify the cooperation in this sphere.

    Leterme said that, despite the financial crisis, the Armenian
    economy was stably growing, which was an additional stimulus of
    Belgian investors.

    Recently, Belgium and Armenia set up a commerce chamber in order to
    intensify their trade cooperation.
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