Tajikistan tightens state control over precious metals and gems

DUSHABE, May 6, 2011, Asia-Plus  — Tajikistan’s lower house (Majlisi Namoyandagon) has endorsed a bill requiring amendments to the country’s law on precious metals and gemstones. A regular sitting of the second session of the Majlisi Namoyandagon of the fourth convocation, presided over by its head, Shukurjon Zuhurov, was held on May 6. Presenting the […]

Avaz Yuldoshev

DUSHABE, May 6, 2011, Asia-Plus  — Tajikistan’s lower house (Majlisi Namoyandagon) has endorsed a bill requiring amendments to the country’s law on precious metals and gemstones.

A regular sitting of the second session of the Majlisi Namoyandagon of the fourth convocation, presided over by its head, Shukurjon Zuhurov, was held on May 6.

Presenting the bill, Deputy Finance Minister, Jamoliddin Nouraliyev, noted that amendments made to the law were aimed at tightening state control over stocktaking, mining, storing and transporting precious metals and gems in the country.

According to him, eight companies engaged in mining precious metals and gems now operate in the country.

“Under the amendments made to the law, the Ministry of Finance will submit instruction on stocktaking, mining, storing and transporting precious metals and gems for consideration to the government in the near future,” Nouraliyev said.

He noted that the price of one gram of Tajik gold in a domestic market set by the Ministry of Finance was 50.00 somoni.

“According to our estimates, one somoni invested in gold mining in Tajikistan today earns profit of three somoni,” the deputy minister added.

After a comprehensive discussion, the members of the Majlisi Namoyandagon unanimously approved the amendments to the law “On Precious Metals and Gemstones.”

MP Shodi Shabdolov, who is also leader of the Communist Party (CPT), expressed confidence that the approved amendments will enable the government to tighten control over mining and turnover of precious metals and gems in the country and mining of them will become one of economic priorities of Tajikistan.   

Article translations:

Related Article

Оби зулол

Most Read

Join us on social media!

Aura

Recent Articles

Sanctions lifted: Dushanbe City Bank resumes international operations

The bank is returning to full-scale international operations.

Gasoline and diesel fuel in Dushanbe rose in price by 8.9% due to the war in the Middle East

The rise in global oil prices and, consequently, the cost of petroleum products has triggered the closure of the Strait of Hormuz.

The Ministry of Labor organizes consultations for migrants returning from Russia at Dushanbe airport

Employees of the Migration Service explain the requirements of Russian legislation and offer job vacancies in their homeland.

Tajikistan and Uzbekistan discuss simplification of customs procedures and implementation of VIN.TJ system

The VIN.TJ system is designed to simplify the process of vehicle registration and control.

Tajikistan climbs four places in the global fixed internet speed ranking

This is the country's best performance in the past five years.

President of Tajikistan launches hydro unit No. 7 at Nurek HPP

As of today, three units have been completely replaced at the country's largest hydroelectric power station.

Italian Opera in Dushanbe: Shohrukh Yunusov invites to an evening of musical revelations

The evening will feature the most recognizable Italian works alongside world and Tajik classics.

The European Union lifts sanctions on Tajik banks

This is attributed to successful reforms and improved financial transparency in the country.

Meta announced plans to lay off about 10% of its staff

The reason cited is the high costs of artificial intelligence development.