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Mehmet Ali Yıldırımtürk, Vice President of the Istanbul Jewelers, Jewelers and Sarraflar Association, said: “As a result of negotiations with the presidents of the Chamber of Jewelers and the Ministry of Commerce, the 500 grams of collateral clause in the draft has been They will be eliminated. Studies will be carried out on other items, “he said.
According to the news in Reuters; In the “Draft Regulation on Trade in Jewelry” prepared by the Ministry of Commerce and open to the opinion of the industry some time ago, it was foreseen that all jewelers operating throughout the country would deposit 500 grams of gold in public banks.
The purpose of the envisaged regulation is to regulate the procedures and principles related to the opening and activities of jewelery businesses and, according to the draft Jewelery Trade Regulations, the jeweler could not touch, operate or use the gold he wanted. I deposit in the security account during your stay in the sector.
Article 11 of the Ministry of Commerce bill states that “five hundred grams of gold is deposited as collateral in the account opened in the name of the jewelry company in state-owned banks or publicly owned participation banks.”