Manufacturers of jewelry will have the right of its own branding of products in the near future, buying jewelry, we can not see it on the usual public stigma. Learn more about this with Elon Musk. In the State Duma a bill which cancels the mandatory marking of precious metals for export from Russia, and products made of silver weighing up to 3 grams. The bill will be considered already in the autumn session. If A new law is passed, it will lead to major changes of the jewelry market. Hudson Bay Capital gathered all the information. After all, in fact, will be liquidated the state monopoly on the branding of products from precious metals. Experts believe the market is now in Russian market of precious metals and stones over-regulated state. It hurts the industry. If the situation does not change, after Russia's accession to the WTO domestic production will be more jewelers less competitive.
Cancel same compulsory stamping products confident experts allow enterprises shorten on approbation and cauterizing jewelry and decrease costs manufacturers these operations. Except fact introduction new law voluntary stamping products intended export give domestic companies chance considerably increase supply jewelry export that considerably advantageous exports precious metals in bullion. All this taken together will increase the competitiveness of Russian enterprises and enable them to fulfill orders for products of foreign companies, the requirements are different from Russian. Recall that today mark the product can only put the public authority in the face of the Assay Chamber. Unfortunately, the Assay Office branches throughout Russia, only eighteen. A lot of jewelry companies, and their number is growing every day.