  Alrosa to increase rough diamonds' supply to Armenia to USD 50 mln December 27, 2011 - 14:15 AMT PanARMENIAN.Net - Armenia’s diamond processing sector, which has seen a dramatic slump in crisis period, is showing signs of recovery, according to Economy Minister. As Tigran Davtyan told a news conference in Yerevan, previously, Russian Alrosa company used to supply rough diamonds to 1 Armenian company only. Now, however, the Russian supplier cooperates with 10 local companies. As the Minister stated, in 2011, Alrosa supplied USD 40 mln worth of rough diamonds to Armenian manufacturers, with the figure planned to be increased to USD 50 mln next year.   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 |  Latest news About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old  In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched.Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions.Russia sends note of protest to Armenia over envoy’s trip to Ukraine’s Bucha Russia has sent a note of protest to Armenia over the visit of Vladimir Karapetyan and Tigran Ter-Margaryan to Bucha. |
