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ARMENIA SIMPLIFIES IMPORT AND EXPORT OF DIAMONDS
news.am
October 10, 2012 | 17:33
YEREVAN. - The government of Armenia simplified the import and export
terms of diamonds. The number of required documents and the term of
getting permission were reduced. To note, currently Russia has set
the export tax to 6.5 percent for rough diamonds to non-customs union
between Russia, Belarus and Kazakhstan. Processing on a tolling of
Russian diamonds is a basis of Armenian jewelry industry. Import of
Russian diamonds to Armenia made about $20.2 million in 2010, while
export made $19.5 million. The turnover of Russian diamonds made $30
million last year, and currently talks are run to increase it.
news.am
October 10, 2012 | 17:33
YEREVAN. - The government of Armenia simplified the import and export
terms of diamonds. The number of required documents and the term of
getting permission were reduced. To note, currently Russia has set
the export tax to 6.5 percent for rough diamonds to non-customs union
between Russia, Belarus and Kazakhstan. Processing on a tolling of
Russian diamonds is a basis of Armenian jewelry industry. Import of
Russian diamonds to Armenia made about $20.2 million in 2010, while
export made $19.5 million. The turnover of Russian diamonds made $30
million last year, and currently talks are run to increase it.