India joins global jewellery hallmarking convention

CABINET-JEWELLERY

New Delhi, July 8 (PTI) Hallmarking of jewellery in India
at globally recognised centres will be acceptable in 18
countries, with the country Thursday deciding to join an
international convention on precious metals.
The decision on accession by India to the Convention on
Control and Marking of Articles of Precious Metals, known as
the Vienna Convention, 1972, was taken by the Union Cabinet
here.
India will be the 19th country to join the league.
"Accession to the convention will result in technological
upgradation of the country's assaying and hallmarking centres
and their recognition by the members of the Vienna
Convention," India's Information and Broadcasting Minister
Ambika Soni told reporters after the Cabinet meeting.
She said the decision would also facilitate jewellery
exports from the country.
Gems and jewellery are the largest contributors to
India's exports. Exports in the segment aggregated USD 29
billion in 2009-10.
With this decision, India's jewellery exports to Austria,
Cyprus, the Czech Republic, Denmark, Finland, Great Britain,
Hungary, Ireland, Israel, Latvia, Lithuania, the Netherlands,
Norway, Poland, Portugal, Sweden, Switzerland and Ukraine will
not be subject to further tests of purity once they carry the
Common Control Mark (CCM) of domestic testing centres.
"The higher level of consumer awareness about the purity
of jewellery articles will make the jewellers in India more
accountable to the Indian consumers," Soni said. PTI NAM
MRD


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