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IMPORT OF ROUGH DIAMONDS TO ARMENIA FROM RUSSIA TO BE SIMPLIFIED
YEREVAN, December 25. / ARKA /. Import of rough diamonds to Armenia
from Russia will be facilitated, economy minister Karen Chshmarityan
said at a Cabinet meeting today.
He specified that the process of concluding agreements for supply of
rough diamonds will be simplified and a mandatory requirement that
the agreements be reconciled with the Armenian ministries of justice
and finance will be eliminated.
The Armenian government has also approved today the signing of a
protocol to the intergovernmental agreement between Armenia and Russia
on cooperation in the supply of natural gas, petroleum products and
natural rough diamonds.
This decision allows Armenian companies to buy natural rough diamonds
from Russia without export duties and oversee their re-export, which
is supposed to help boost local diamond cutting industry.
The main supplier of rough diamonds to Armenia is Russia; rough
diamonds are imported also from Namibia, Israel, Guinea, Canada,
Belgium and Sweden.
In the first ten months of 2014 Armenia imported 38,000 carats of
rough diamonds from Russia and a total of 96,000 carats in 2013.
According to official numbers, in the first 10 months of this year
Armenian diamond-cutting companies imported 107,000 carats of rough
diamonds. The overall figure for 2013 was 178,000 carats. ($ 1-
461.10 drams). -0-
http://arka.am/en/news/business/import_of_rough_diamonds_to_armenia_from_russia_to _be_simplified/#sthash.WA4BeFh9.dpuf
From: Baghdasarian
YEREVAN, December 25. / ARKA /. Import of rough diamonds to Armenia
from Russia will be facilitated, economy minister Karen Chshmarityan
said at a Cabinet meeting today.
He specified that the process of concluding agreements for supply of
rough diamonds will be simplified and a mandatory requirement that
the agreements be reconciled with the Armenian ministries of justice
and finance will be eliminated.
The Armenian government has also approved today the signing of a
protocol to the intergovernmental agreement between Armenia and Russia
on cooperation in the supply of natural gas, petroleum products and
natural rough diamonds.
This decision allows Armenian companies to buy natural rough diamonds
from Russia without export duties and oversee their re-export, which
is supposed to help boost local diamond cutting industry.
The main supplier of rough diamonds to Armenia is Russia; rough
diamonds are imported also from Namibia, Israel, Guinea, Canada,
Belgium and Sweden.
In the first ten months of 2014 Armenia imported 38,000 carats of
rough diamonds from Russia and a total of 96,000 carats in 2013.
According to official numbers, in the first 10 months of this year
Armenian diamond-cutting companies imported 107,000 carats of rough
diamonds. The overall figure for 2013 was 178,000 carats. ($ 1-
461.10 drams). -0-
http://arka.am/en/news/business/import_of_rough_diamonds_to_armenia_from_russia_to _be_simplified/#sthash.WA4BeFh9.dpuf
From: Baghdasarian