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12

Russian Precious Metals Exporters Worried About Customs Problems

The meeting participants paid attention to the question of metals equivalent and VAT

The representatives of Russian State Assay Office, Federal Customs, GOKHRAN, the Ministry of Finance, Jewellers Guild of Russia, Russian Jewellery Network, International Business Centre 6 Carats, Krasnoyarsk Non-Ferrous Metals Plant, ALROSA, Kristall Company, Krasnoselsk Jewellery Plant attended a meeting at Moscow Chamber of Industry and Commerce. The meeting was devoted to the customs problems of Russian precious metals and gemstones business in the world?s market.

The meeting participants paid attention to the question of metals equivalent and VAT, and also the problem of foreign representations. This way of the problems solving is good enough for companies with constant export relations but it is negative for Russian industry itself.

The participants proposed to make a list of the most important issues in the field in order to start their proper discussion at the higher level.