header banner

Allow us to issue COO: NGSGJF

alt=
By No Author
KATHMANDU, April 21: Nepal Gold, Silver, Gem and Jewelry Federation (NGSGJF) has demanded that it be allowed to issue certificate of origin (COO), a document that certifies a shipment´s country of origin, for gems and jewelry products.



At a press meet held in the capital on Sunday, officials of the federation argued that they have the knowledge and expertise to ascertain the quality of jewelries made of gold, silver, diamond and other precious and semi-precious stones.[break]



“Like other organizations, the government should also authorize us to issue COO,” said Ramesh Maharjan, president of the federation, questioning, “If others can issue, why we can´t.”



On the occasion, the federation also issued a 13-point Kathmandu Declaration endorsed by its first general meeting. In the declaration, the federation has asked the government to increase gold imports in line with the demand in the market.



Besides, the federation has also demanded that the government monitor gold, silver and jewelries market; ease jewelry exports; mine precious stones; and introduce scientific mechanism to fix prices of gold, silver and other precious stones.



The general meeting also formed a 16-member executive committee under Maharjan.



Related story

Sanima Capital appointed issue manager of Citizens Bank

Related Stories
POLITICS

Govt preparing to allow private sector to trade el...

PamphaBhusal_20210821114038.jpeg
POLITICS

"We will not allow dissolution of parliament under...

1611312619_Prachanda1-1200x560_20210818145018.jpg
POLITICS

Climate change is not a country-specific issue: Mi...

BishnuPaudel_20210325172928.JPG
ECONOMY

Purwanchal Lube Oil to issue IPO

Purwanchal Lube Oil to issue IPO
ECONOMY

Mega Bank seeks Sebon nod to float rights issue

Mega Bank seeks Sebon nod to float rights issue