Armenia Slashes Cut Diamond Exports 67% In 9 Mths

ARMENIA SLASHES CUT DIAMOND EXPORTS 67% IN 9 MTHS

Interfax
Oct 27 2009
Russia

Armenia slashed cut diamond exports 67% year-on-year in
January-September to 60,875 carats, the Customs Service said.

The exports in value plummeted to $39.082 million, from $109.033
million a year previously.

The Customs Service said exports fell due to poor global market trends
and a drop in demand for diamonds.

Armenia reduced cut diamond exports 13.2% in 2008 to 212,000 carats.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2009/10/28/armenia-slashes-cut-diamond-exports-67-in-9-mths/

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