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Law on voluntary hallmarking of jewellery for export

July 22, 2024

Vladimir Putin signed Federal Law On Amendments to Federal Law On Precious Metals and Precious Stones.

The Federal Law stipulates that hallmarking Russia-made fine jewellery and other precious metal wares intended for exporting to countries that are not members of the Eurasian Economic Union is voluntary, provided they are labelled with a two-dimensional barcode.

The Federal Law also authorises the Government of the Russian Federation to determine, subject to agreement with the Bank of Russia, the maximum weight of investment-grade precious metals that can be transported without using vehicles with special technical equipment or armed security.

July 22, 2024