Tej Ratna Shakya, central president of the Gold and Silver Dealers´ Association, highlighted the challenges that Nepal´s ornaments will face after Nepal´s accession to the World Trade Organization.
“As long as we lack independent agency to certify the standard of the gold and silver articles, we can´t enter into the international market. So, the government should consider the fact,” said Shakya.
Mahendra Ratna Shakya, secretary of Kathmandu chapter of the association, said ornaments made in medieval age, Malla era and Rana period were becoming rare in the recent years.
“Time has come for us to go to foreign museums to observe Nepali ornaments which are one of the best ornaments in South Asia,” said Shakya while speaking on the occasion of central regional gathering of the association.
Entrepreneurs have cautioned banks, which are issuing loans on collateral of ornaments without any purchase bill, about possible use of stolen ornaments to get loans.
They have asked Nepal Rastra Bank, the central bank, to issue circulars to all banks to compulsorily demand purchase bills from the customers while issuing loans against the gold ornaments.
The participants also raised serious concerns about growing insecurity of gold and silver dealers in the recent days.
They also agreed to maintain parity in transaction, minimum wages and margin while dealing with gold and silver goods. About 200 dealers from nine districts of the region attended the gathering.
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