Tiffany will purchase Russian diamonds

Russian diamond monopoly Alrosa is close to signing a three-year contract with the famous American company Tiffany & Co. In the first step overseas jewelers are going to buy the stones at least $ 60 million a year. According to the newspaper "Kommersant", the possibility of signing long-term contract with ALROSA Tiffany was discussed in 2007, when it publicly declared the ex-president of the Russian company Sergei elective. During this time, Tiffany repeatedly carried out one-time deal to buy Russian diamonds, but the long-term cooperation and did not work out. One reason is also the fact that the best extracted stones battered Russian companies. However, domestic intermediaries then resold diamonds abroad. Now, from this strange trade practices we have decided to move, so that the emergence of interest in Tiffany to direct cooperation with Alrosa was quite natural.