ALROSA And De Beers Agree On Draft Of New Trade Agreement

The Russian diamond monopolist ALROSA and De Beers corporation held negotiations in Moscow and approved a draft of a new trade agreement. The ALROSA press service reported to RBC that the sides expressed their satisfaction with positive cooperation within the framework of the previous agreement and fruitful policies that allowed for coping with negative tendencies on the diamond market. As reported, during these negotiations, representatives of ALROSA and De Beers held a meeting with the Russian first deputy finance minister and the head of Gokhran, the state deposit of valuables.