Six-Month Quota Established for Exporting Precious Metals

During its meeting today on December 4, the government made a decision to establish a six-month quota for the export of precious metals or metals coated with precious metals to third countries from Armenia.

The quota will take effect from December 5 and will remain in force until June 5, 2026. It will apply to jewelry products and handcrafted gold and silver items.

It is worth noting that on April 16 of this year, the Eurasian Economic Commission's board adopted a decision to liberalize the import and export of certain categories of precious metals. This pertains to products in which the content of precious metals does not exceed 2 percent.