Russian mining giant Alrosa is spearheading efforts to boost Russia’s diamond trade with China and Hong Kong, and other Asian markets over the coming years with the opening of the Eurasian Diamond Centre in Vladivostok, Russia.
The facility is situated near the domestic diamond production centre of Russia and key buyers from Asia Pacific, especially China and Hong Kong.
“Our goal is at least to double or even triple sales to these countries,” noted Alrosa President Andrei Zharkov.
The Eurasian Diamond Centre was inaugurated during the second Eastern Economic Forum held in Vladivostok on September 2 and 3.
The centre will function as a platform for international trade and processing of precious stones for companies that mine and sell rough diamonds, produce diamonds and jewellery, gemmological laboratories, banks, insurance companies, associated transportation companies, as well as government institutions.
Yury Trutnev, deputy prime minister of Russia and presidential envoy to the Far Eastern Federal District, commented, “Russia is the world’s biggest producer of diamonds. Yet our diamonds are sold in other countries and cities, and they are also cut there. We should learn how to sell diamonds, how to make gems out of them, and how to make jewellery pieces out of gems. This will allow us to create more jobs, thus boosting the development of Russia and the Far East.”