Trade permits International Gold Fair
The Ministry of Commerce and Industry approved the organization of the "25th International Gold and Jewelry Exhibition" at the International Exhibition Grounds in Al Shuwaif from December 17 to 22 next month. The event will include displays of unmounted jewelry pieces within the temporary customs warehouse, with customs duties to be paid and the pieces documented before sale. The decision also stipulates that companies must re-export unsold jewelry items within 7 days after the end of the exhibition, under the supervision of the Ministry of Commerce. Additionally, the ministry imposed legal measures on violators, including closing the exhibition or the participating pavilion, prohibiting cash sales that violate regulations, and intensifying penalties for submitting forged or incorrect documents.
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