Navigate
X
    Emil Lazarian
  • 16 years ago
    • Categories: News

Armenia seeks $100m loan from Russia for local diamond manufacturing

Tacy, Israel
Dec 31 2009

ARMENIA SEEKS $100M LOAN FROM RUSSIA FOR LOCAL DIAMOND MANUFACTURING SECTOR

31 December 2009

Armenia has turned to Russia for a $100 million loan to go towards the
downstream diamond industry, reports Interfax. The Armenian Prime
Minister Tigran Sargsyan announced at a news conference earlier this
week that the country asked Russia to allocate $100 million so Armenia
could invest it local diamond manufacturing sector.

Depending on negotiations with the Russian authorities and Alrosa, the
entire loan will be spent on improving Armenia’s diamond reprocessing
industry, creating all the necessary conditions and providing local
companies with raw materials from Russia, Interfax reported the
Armenian prime minister as saying.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
Related Post
  1. Stand Up to Erdogan’s Assault on Democracy

    National Review Stand Up to Erdogan’s Assault on Democracy          The U.S. and the…

  2. RFE/RL Armenian Report – 05/18/2017

    Thursday, Sarkisian Vows To Work With All Forces As New Parliament Convenes . Ruzanna Stepanian…