  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 |  Related sections Latest news Narek Manasyan wins European Boxing Championships silver for Armenia  Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28.Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia.Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports.Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |
