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Alrosa to supply $492mln in diamonds to Antwerp - paper

BRUSSELS, April 7 (RIA Novosti) - Russia's largest diamond company Alrosa will supply uncut diamonds worth 370 million euros ($492 million) to Belgium under an agreement signed with the Antwerp World Diamond Center, the Belgian newspaper Metro reported on Tuesday.

Under the agreement, Alrosa, which accounts for 97% of Russian and 25% of global diamond output, will supply uncut diamonds to 15 Antwerp companies until the end of the year.

"This is fantastic news for Antwerp," the paper quoted Philip Claes, the center's spokesman, as saying.

Freddy J. Hanard, the centre's president, welcomed Alrosa's decision to resume operations in Antwerp, saying that this clearly demonstrated that Alrosa trusted the Antwerp World Diamond Center.

The Antwerp World Diamond Center coordinates the work of the Belgian diamond sector.

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