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In Moscow the Diamond chamber has opened.

				
				
				
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   In Moscow the Diamond chamber has opened.
   If she also earns, not earlier than in a year.
   Yesterday in "President-hotel" there has passed presentation of the new
The noncommercial organisation - Diamond chamber of Russia.
It is declared, that a subject of its activity is
Granting of services in the organisation and carrying out of transactions with
Raw jeweller diamonds and brilliants.
As founders of chamber the largest subjects of the Russian have acted
Almazo-diamond complex - ALROSA, trading
Association "Almazjuvelireksport", lapidary factories
The "crystal", two specialised banks (International
Joint-stock bank and Sahadajmondbank), FPG "Jewelry
Urals Mountains ", a number of joint ventures, and also public
The organisations, in particular the Russian association of manufacturers
Brilliants.
   In spite of the fact that in twenty countries of the world with the developed
Diamond business the similar organisations exist, their peak
Activity for a long time has passed. Serious businessmen for a long time already
Prefer strict confidentiality and independence in
Registration of trading papers. Therefore diamond "the municipal
Apartments "more and more turn to meetings of outsiders of it
Business.
   Not bad there are affairs at similar structures only in two areas
The world - diamond quarter of Antwerp and suburb of Tel Aviv,
Where it has developed historically. Besides, these two diamond
The centre are supported by diamond monopoly De Beers as
The basic dealer structures within the limits of single-channel system
Sale of diamond raw materials in the world market.
   The Russian situation has the specificity. First,
Diamond business is dispersed on huge territory from
Yakutsk to St.-Petersburg and from Arkhangelsk to Voronezh, so
That the uniform service centre as itself has declared Diamond
Chamber, it is simply inconvenient to the majority of businessmen.
Secondly, Russia, unlike Israel or Belgium, is
The large manufacturer of diamond raw materials. Diamond monopoly De
Beers inherently cannot welcome development
Alternative trading operations with the Russian raw materials and consequently
It is not interested at all in the high-grade
Functioning of Diamond chamber (indirectly it recognised yesterday in
The speech representative De Beers Nicolas Plejzens).
   At last, legal base for transactions with diamonds and brilliants
It is not created yet and, according to officials (for example, the assistant
Head Gohrana Andrey Kutepov and the chief of department
Nikolay Kolmogorov's Ministry of Economics), is required many months
For preparation more than ten corresponding standard
Documents at level of the governmental orders.
Visitors present on action have regarded these statements
As ascertaining of that fact, that if Diamond chamber
Sometime also will earn, not earlier than in a year.
   VLADIMIR TESLENKO.
//* an information Source: Russian telegraph, 29.05.98
//* Reg. Nom. - 1080500217.69-------------------------------------------