ALROSA Russian diamond company expanded cooperation in diamond processing sector with Armenian enterprises, with current number of ALROSA partners in Armenia to reach 12, Armenian Minister of Economy Tigran Davtyan told a news conference in Yerevan.

According to Armenia-Russia intergovernmental agreement, ALROSA will supply USD 30 million worth of diamonds to Armenia in 2011. Increase in supply volumes is envisaged.

According to Economy Minister, negotiations are held to attract partners to supply raw materials to local diamond processing companies.

As of the end of 2011 first quarter, USD 6,8 million worth of diamonds was imported to Armenian enterprises.