Armenpress
ARMENIAN JEWELERS HOLD 10 PERCENT OF THE WORLD MARKET
YEREVAN, JANUARY 12, ARMENPRESS: In an exclusive
interview with Armenpress Gagik Abrahamian, president
of the International Association of Armenian Jewelers
(IAAJ) and chairman of board of directors of Armenian
Diamond Factory and Armenian Jewelry Factory said the
International Association of Armenian Jewelers,
established 10 years ago, has now representations in
the USA, Europe, the Middle East, Asia and Armenia.
‘The main objective of the Association is to use
the available resources and experience of Diaspora
Armenian jewelers to the benefit of development of
this sector in Armenia,’ he said adding that he was
the first representative of Armenia to have been
elected its president in 2006 election held in
Switzerland.
"This and the transfer of the Association’s head
office from Europe to Armenia are evidences of the
growing trust in Armenia-based businessmen," Mr.
Abrahamian said.
He said another goal of the Association was to
bring together Armenian goldsmiths and jewelers from
across the world and to create a broad network of
Armenian businessmen dealing with diamond and jewelry,
a task which he said was fulfilled.
The Association is actively advertising Armenian
jewelers across the globe, organizes international
fairs. He said after a consultation with president of
Armenia and approval of the government it was decided
to create tax and customs free zones during
international fairs held in Armenia. He said the first
international diamond and jewelry exhibition in
Armenia will be held late in 2007
According to him, the amount of annual diamond and
jewelry businesses handled by Armenians is about $7.5
billion, which make 10 percent of the relating world
turnover. Armenian jewelry items are sold to USA, Hong
Kong, Belgium, Switzerland, Russia and other
countries. He said investments are coming from many
countries indicating that Armenia’s diamond and
jewelry factories produce products which are
competitive in the world market.
At the end of his interview Mr. Abrahamian praised
Armenia’s investment legislation and environment and
also commended the work of a business development
council affiliated with prime minister of which he is
also a member.
From: Emil Lazarian | Ararat NewsPress
