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Russia plans gem reform to compete with India

It wants its biggest diamond miner to offer more favourable terms to the country's top gem cutters

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Moscow's plan may lead to Alrosa, which mines more gems than any other company, selling about 10 per cent of its gems domestically.

Moscow

RUSSIA wants its biggest diamond miner to work more closely with the country's top gem cutters so the industry can better compete in a market that's dominated by Indian manufacturers.

As part of a plan to boost the competitiveness of Russian diamonds, the government wants ...

sentifi.com

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