Armenian diamond cutting industry recoveringApril 26, 2011 - 10:34 AMT PanARMENIAN.Net - Armenian diamond cutting industry recovering, according to Economy Minister Tigran Davtyan. “After the crisis, economy is recovering not so rapidly as we wish. However, the diamond cutting industry is among fields to be given special attention,” the Minister said during a roundtable discussion with participation of representatives of ALROSA, Russia’s largest diamond company. The discussion aimed to determine the future bilateral cooperation plans and strengthen partnership. 3,189 carats of diamond were produced in Armenia in January 2011 against 3,078 carats during the same period in 2010. 12.5kg of jewelry was produced during the reporting period against 17.2kg in 2010. The slump in the industry was 27.3% compared to January 2010. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Azerbaijan extends Rune Vardanyan’s arrest by 5 months A court in Azerbaijan has extended the arrest of former Nagorno-Karabakh leader Ruben Vardanyan by five months. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. |