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  N e w s

4 NOVEMBER 2003  

The agreement between ALROSA and De Beers is likely to be approved by the European Commission

ITAR-TASS reports that the agreement between ALROSA and De Beers Companies being considered by the antimonopoly committee of the European Commission is likely to have been approved by the end of the year. This information has been provided by certain confidential European resources at Antwerp Diamond Conference.

The agreement fixes the mechanisms and the sales volumes of Russian raw diamonds.



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