Armenia's Jewelry Sector: Despite Problems, Potential for Growth Exists

11:34, May 21, 2015

The World Jewellry Confederation (CIBJO) has decided to hold its 2016 conference in Yerevan. 

Hosted by the Armenian government and the Armenian Jewellers Association, the conference will welcome some 1,000 participants from around the world and will present a unique opportunity for Armenia to market its locally manufactured goods, potential and ideas to an international audience.

Despite existing problems (operating in the shadow economy, imbalance between quality and prices, inadequacies in the legal sector, etc.) the jewelry trade can become an economic locomotive for Armenia.

The country has gold mines and top quality jewelers. Jewelry exports, in terms if customs valuation, are at the top of the list when it comes to exports from Armenia.  Read more... (609 words)

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