The council of the association "Jewellers’ Guild of Russia" at its last meeting decided to appeal to all participants of the jewelry market with a proposal to join the measures to save the industry.
According to the participants of the meeting, the industry is entering a period of turbulence, which will be accompanied by market instability, an increase in the cost of raw materials, equipment, tools, consumables for jewelry production, a drop in the purchasing power of the population and a decrease in consumer interest in jewelry products.
According to experts, for the maximum possible leveling of negative factors, a cardinal liberalization of the turnover of precious metals and precious stones is required, with the release of participants from fulfilling unnecessary mandatory requirements and excessive non-production costs.
Among the measures proposed by the guild is the abolition of import duties on all types of colored and synthetic stones and 0.2-carat diamonds, as well as on production equipment for the jewelry industry. This measure is necessary to increase the competitiveness of domestic producers, the guild says.
Alex Shishlo for Rough&Polished
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