YEREVAN, December 25 (Noyan Tapan). As of December 1 of 2002, processed diamonds of 84.514 million drams (nearly 150 million dollars) were exported from Armenia. Head of the Jewelry Department of the Ministry of Trade and Economic Development of Armenia Gagik Mkrtchian reported to Noyan Tapan that this quantity exceeds the same showing of last year 2.5 times and tends to grow. According to him, Armenia has a favorable legislation, high-quality and cheap manpower for this branch of industry, as well as the concept for the coming 4-5 years is being developed. It was pointed out that nearly 4,000 people are involved in diamond processing in Armenia, whose average salary is 100,000 drams. Armenia is among the top ten countries involved in diamond processing. Armenia’s major partners are Israel, Belgium, Russia, the United States and Japan.
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