Kyrgyzstan decides to temporarily restrict export of precious metals

The government of Kyrgyzstan has decided to introduce
restrictions for a period of six months on the export of precious
metals and commodities containing precious metals from the country,
the press service of the Cabinet of Ministers of Kyrgyzstan said,
Azernews reports via Interfax.

“At a meeting of the Cabinet of Ministers of Kyrgyzstan, it was
decided to introduce quantitative restrictions on the export of
precious metals and raw materials containing them from the
territory of the republic for a period of six months,” the press
service noted.

The decision is aimed at protecting the jewelry industry and
assisting in the development of jewelry production in the
processing of precious metals and raw materials containing precious
metals outside the customs territory.

The decision will come into force following seven days from the date
of official publication, added the press service.

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