ISRAELI MINISTER AND RUSSIAN `` AGREE Alrosa diamond supply
Imports of Russian diamonds Israeli companies accounted for half of all of Israel#39;s imports from Russia in 2004 (440 million USD).
Minister of Industry, Trade and Labor Ehud Olmert (Ehud Olmert) discussed the possibility of importing rough diamonds with Alexander Nichiporuk, president of the Russian state diamond company ALROSA. Both sides expressed their interest in the elimination of all barriers to the supply of rough diamonds to Israel, as well as the Russian minister expressed the hope that a growing number of Israeli companies to buy rough diamonds in Russia.
Will resume at the signing of the official record today as part of a joint Israeli-Russian Committee. Mr. Olmert said that the memorandum on export of rough diamonds from Russia to Israel will be a significant impetus for the Israeli diamond industry and will help solve the problem of diversification of sources of raw materials.
The problem of the supply of raw materials became difficult when the company De Beers failed to increase the supply of rough diamonds to Israel, according GLOBES.
