N e w s

This was announced on Monday by A. Kudrin, the Prime Minister and the Mininster of Finance of Russian Federation, presently on a business visit in Yakutia.

According to Mr. Kudrin, the amount of funds transferred by ALROSA to Federal budget has increased by 6,5 times and to Republican budget by 8,5 times since 1995.

The signing of the new Trade Agreement between the two companies will be the significant event not only on national, but also on international scale. "There are not that many areas where Russia takes up the leading position in the world's markets, however, it has a significant influence in diamond industry ", - remarked Mr. Kudrin.