Commerce approves Gold and Jewelry Show next December
The Ministry of Commerce and Industry announced the approval to hold the "25th International Gold and Jewelry Exhibition" at the International Exhibition Grounds in Shuwaikh from December 17 to 22, next month. It is required during the exhibition that unmounted jewelry be displayed within the temporary customs warehouse, with integration and payment of customs duties prior to sale. Additionally, companies must adhere to procedures for documenting the pieces and re-exporting unsold jewelry within seven days after the exhibition ends. The ministry has imposed strict legal measures on violators, including closing the exhibition or the participating pavilion, banning cash sales in violation of regulations, all under the supervision of the Precious Metals Department.
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