The stone itself may last forever, but its trade certainly doesn't!
Armenia's diamond trade overall however has hit a rough patch in the past two years. Armenia reported a 35 percent decline in rough imports from all nations for the first couple of months in 2007, following an overall diamond export drop of 20 percent in 2006 to $212 million.The article does not mention the reasons for this decline, but I suppose it has to do with cheaper labor in places like India and globalization. Anything can be blamed on globalization!
Source: Rapaport News
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