NERSES YERITSYAN: ARMENIA’S DIAMOND PROCESSING INDUSTRY NEEDS UPGRADING

PanARMENIAN.Net
01.12.2009 16:15 GMT+04:00

/PanARMENIAN.Net/ Armenia’s diamond processing industry needs
upgrading, both in management and raw material supply diversification,
Armenia’s Economy Minister Nerses Yeritsyan said.

"Armenia should go beyond diamond processing. Armenia’s 2-3% of
jewelry production market share could be increased through production
of jewelry and watches, where diamonds are used as raw materials. This
would allow for added value increase in diamond processing industry,"
he said.