"We are restarting sales in May," Sergei Vybornov said.
Vybornov said Alrosa had already signed contracts with five companies on diamond sales worth some $300 million by the end of the year.
Alrosa accounts for 97% of Russian and 25% of global diamond output. The Russian government holds a 50.9% stake in the company.
Vybornov also noted that market prices for diamonds were currently around the mid-2007 level.
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The British experience can be instructive for Russia. London retains its British Commonwealth if it wants to use this as a foundation for integration in the future. That’s a valuable lesson for Russian experts who are calling for an end to “ineffective” associations like the CIS, the Russian World and others.