FINANCIAL CRISIS INFLUENCED ON GOLD JEWELLERY

Panorama.am
16:11 23/01/2009

Today the Prime Minister of Armenia held a discussion on gold and
diamond jewellery and the problems of the industry, reports the public
relations department of the Government. According to the source the
heads of gold and diamond enterprises, interested bodies of appropriate
ministries attended the discussion.

The Prime Minister and the representatives of the business have
mentioned that the problems are mainly connected with the world
financial crisis, which has had its impact on local market. The tax
privileges defined by the Government to ease the difficulties of the
current field are not sufficient any more.

The Minister of Economy Nerses Yeritsyan has presented the problems
and difficulties of the field, as well as how the crisis has its
influence upon gold industry in Armenia.