RBK – St.-Petersburg informs that the decision about the trade agreement between JSC ALROSA and De Beers may be made by European Commission in course of the nearest two months. Sergey Ulin, the vice-president of the Russian company, stated that both companies expected this decision to come in the nearest future. Moreover, he expects positive decision.

The trade agreement between JSC ALROSA and De Beers was signed on December 17, 2001. The cost of this five-year contract is estimated at $4bln. According to the conditions of the agreement, De Beers is to get diamonds $800 mln worth annually (it is a half of total Russian diamonds mining). However, the European Commission has announced that this contact contradicts the antimonopoly legislation of European Union, that’s why it is still being considered and has not yet come to force.

The share of JSC ALROSA in the world’s diamonds mining exceeds 20%.