Armenia's diamond industry experiences shortage of raw materialsDecember 1, 2009 - 15:56 AMT PanARMENIAN.Net - In conditions of global crisis, the diamond processing industry of Armenia maintains its pace, but there is a problem with the availability of raw materials. As RA Economy Minister Nerses Yeritsyan told journalists in Nor Hajn-based Lori LLC on Tuesday, "major suppliers of raw materials prefer not to sell rough diamonds at low prices, but rather keep them". According to him, many international companies indicate that the diamond industry has started to recover, and Armenia should seize this opportunity. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Pashinyan’s spokesperson denies intention to visit Baku for COP29 Pashinyan’s agenda doesn’t include a trip to Baku for the COP29 conference, his press secretary Nazeli Baghdasaryan has said. Russia accuses West of preparing invasion of CSTO countries NATO is preparing an invasion of the CSTO countries, the number of provocations in the air is growing, Sergei Shoigu has said. Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. Armenia: Rescue workers restore pedestrian bridge for flood-hit community Rescue workers on Wednesday, June 5 restored a pedestrian bridge in the town of Alaverdi in Armenia’s north. |