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N e w s
SEPTEMBER 13
A.Kudrin, first prime minister, and De Beers management won't consider today the probability of the $1-1.5bn worth credit, De Beers chief executive said today.
The new strategy of the company aimed to raise the demand for the diamonds and develop vertical integration on the world market will be under consideration.
Earlier, De Beers released two credits for Russia in the volume of $1bn in 1990 and $200m in 1997. As well, the company laid out advances on regular basis against future delivery of diamonds.
ITAR-TASS
Source: AK&M
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