Putin's decree lifts export restrictions on
Russian diamonds, precious metals
Russian diamonds export rules
A Russian presidential decree dated January 11, 2007 and amending the
government regulations regarding the way precious metals and gemstones can
be brought into Russia and taken out lifts restrictions on taking natural
diamonds and precious metals out of Russia in the export customs regime.
MOSCOW. Jan 13, 2007 (Interfax) - A Russian presidential decree dated
January 11 and amending the government regulations regarding the way precious
metals and gemstones can be brought into Russia and taken out lifts restrictions
on taking natural diamonds and precious metals out of Russia in the export
customs regime.
The president's decree stipulates that the exports of natural
diamonds from Russia (except unique natural diamonds and natural diamonds
classified as bort and drilling, regardless of their size and the level of
processing, diamond powder sized up to -3+2), refined platinum and platinum
group metals in the form of ingots, plates, dust, and granules, native nuggets
of precious metals, rough precious metals, ores and concentrates of precious
metals, raw materials containing precious metals, and scrap and waste precious
metals can be exported without quantitative restrictions based on licenses
issued by the Economic Development and Trade Ministry.
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