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ECONOMY MINISTER SAYS ARMENIAN DIAMOND INDUSTRY REVIVING
PanARMENIAN.Net
November 16, 2011 - 13:02 AMT
PanARMENIAN.Net - Armenia possesses significant potential for the
development of diamond processing industry, RA Minister of Economy
stated.
As Tigran Davtyan said during his November 16 visit to diamond
processing companies in Kotayk region, diamond export reached USD
300 mln in 2000 to total about 40% of Armenia's export volume.
He noted that the sector successfully copes with crisis to reach
pre-crisis volume by yearend and even to increase export figures.
Minister Davtyan also briefed on the steps taken by the government
during the current year towards creating favorable environment for
raw materials supply.
During their recent visit to Armenia, members of Russian Alrosa
Company delegation familiarized themselves with possibilities of
Armenian enterprises to increase supply of raw materials and expand
the list of companies.
According to Economy Minister, the volume of raw material supply
reached USD 40 mln and is expected to rise to USD 50mln in 2012.
Currently Armenia is negotiating with other leading companies regarding
diversification of raw materials supply "to help our companies more
effectively organize their production," he said.
PanARMENIAN.Net
November 16, 2011 - 13:02 AMT
PanARMENIAN.Net - Armenia possesses significant potential for the
development of diamond processing industry, RA Minister of Economy
stated.
As Tigran Davtyan said during his November 16 visit to diamond
processing companies in Kotayk region, diamond export reached USD
300 mln in 2000 to total about 40% of Armenia's export volume.
He noted that the sector successfully copes with crisis to reach
pre-crisis volume by yearend and even to increase export figures.
Minister Davtyan also briefed on the steps taken by the government
during the current year towards creating favorable environment for
raw materials supply.
During their recent visit to Armenia, members of Russian Alrosa
Company delegation familiarized themselves with possibilities of
Armenian enterprises to increase supply of raw materials and expand
the list of companies.
According to Economy Minister, the volume of raw material supply
reached USD 40 mln and is expected to rise to USD 50mln in 2012.
Currently Armenia is negotiating with other leading companies regarding
diversification of raw materials supply "to help our companies more
effectively organize their production," he said.