With the support of the Development Fund of Armenia in October, after joining the JUNWEX Moscow international exhibition, Yerevan Jewelry Factory - "Gnomon" signed a new 480 million dram export contract. Export to Russia. By signing the contract, the volume of orders received as a result of the jewelry exhibition exceeded 1 billion drams. Only during the exhibition days Armenian jewelry export deals were concluded on more than 580 million drams.

"I am convinced that as a result of combining of countermarking procedures, the orders of Armenian jewelry products from Russia and EAEU countries will significantly increase," said Vahe Safaryan, coordinator of Armenian companies' participation in the exhibition.

At the moment, negotiations are being held to export jewelry for another 24 million drams to Russia and Kazakhstan.

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