Armenia able to take leading position in global Jewelry industry

YEREVAN, October 30. /ARKA/. Armenia has the potential for taking a leading position in the world’s jewelry industry, President of World Jewellery Confederation Gaetano Cavalieri told ARKA Agency.

Armenia’s unique geographical position between Asia with Europe bears serious potential, Cavalieri said at the conference on prospects of Armenian jewelry industry Tuesday.

According to Armenia’s National Statistical Service, production of jewelry grew by 5.4% and totaled 8.63bln drams in the first 8 months of 2012 as compared with the same period of the year before.

According to Cavalieri, Armenian communities worldwide play considerable role in the global jewelry industry today.

The conference on prospects of Armenian jewelry industry was devoted to the 15th anniversary of the Armenian Jewelers Association and was held under the second Jewellery Expo where jewelers from 20 countries are presented, including Armenia, Russia, the USA, Thailand, Italy, France, Lebanon and India. The exhibition is held in Yerevan from October 29 to October 31.

Armenian Jewelers Association (AJA) was founded in 1997 and brought together Armenian jewelers from all over the world. The aim of the AJA is to consolidate the efforts of Armenian jewellers toward development of jewellery industry in the country. The AJA has its US East and West Coast representatives, as well as regional representatives in Europe, the Near East and Armenia. ($1=405.73drams). -0-