Moscow and Yerevan agreed to exchange statistical data showing the necessary amount of rough exported to Armenia under the intergovernmental agreement, Vice President of ALROSA Andrey Polyakov told the Armenpress News Agency.
"The intergovernmental agreement signed between Armenia and Russia provides for the import of rough diamonds to Armenia at domestic market prices practiced in Russia. In particular, export duties are canceled. According to the agreement, the entire amount of necessary raw materials will be transferred to Armenia to be processed," he explained.
"There is an agreement with the Armenian side on the exchange of statistical data showing the amount of the raw materials needed and the amount of diamon goods processed and based on that, the parties will determine the amount of the rough to be exported to Armenia," Polyakov said.
ALROSA is engaged in the exploration, production, processing and sale of diamonds. Its mining operations are located in the Republic of Sakha (Yakutia) and the Arkhangelsk Region. The largest shareholders of ALROSA are the Government of the Russian Federation (44%) and the Republic of Sakha (Yakutia), which owns 25% of the diamond giant, while the company’s free float is 23%.
Pavel Tolmach, Rough&Polished
Exclusive
Charlotte Rose on making history, modernising the London Diamond Bourse, and why finance is the industry’s silent crisis
When Charlotte Rose was elected president of the London Diamond Bourse in June 2026, she didn't just break an 86-year tradition—she became the first woman to lead any diamond bourse globally. In an exclusive interview with Rough & Polished’s Mathew...
20 july 2026
Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future
The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...
29 june 2026
AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp
In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...
22 june 2026
Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report
Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...
15 june 2026
Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens
India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...
01 june 2026
