December 25, 2009 - 20:20 AMT
Armenia requests USD 100 million from Russia for diamond processing sphere development
Armenia addressed Russia with a request to provide additional funding of USD 100 million to be fully directed at diamond processing sphere development, Armenian Prime Minister Tigran Sargsyan told a news conference in Yerevan.

As he told a news conference in Yerevan, negotiations are being conducted with Alrosa Russian company. Positive negotiation results will allow to create necessary development conditions and provide Armenian companies with Russian raw material. Yet, basic credit load will be shifted on private sector, whose representatives are participating in credit attraction negotiations, the Premier added.