 Nerses Yeritsyan: Armenia's diamond processing industry needs upgradingDecember 1, 2009 - 16:15 AMT PanARMENIAN.Net - Armenia's diamond processing industry needs upgrading, both in management and raw material supply diversification, Armenia's Economy Minister Nerses Yeritsyan said. "Armenia should go beyond diamond processing. Armenia's 2-3% of jewelry production market share could be increased through production of jewelry and watches, where diamonds are used as raw materials. This would allow for added value increase in diamond processing industry," he said.   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 |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
