75th meeting of the Precious Metal Convention's Standing Committee
75th meeting of the Precious Metal Convention's Standing Committee

Lisbon hosts meetings of the Precious Metal Convention's Standing Committee and of the International Association of Assay Offices

September 22, 2014

The 75th meeting of the Precious Metal Convention's Standing Committee is being held in Lisbon, at the Tivoli Oriente Hotel. The meeting is attended by representatives of 26 countries and Portugal is represented by INCM's Assay Unit.

The Precious Metals Convention is an international treaty on cross-border trade of precious metal artefacts, open to any United Nations member state with facilities for independently testing and marking precious metals.

19 countries are currently effective members of the Convention (Austria, Cyprus, the Czech Republic, Denmark, Finland, Hungary, Ireland, Israel, Latvia, Lithuania, The Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Sweden, Switzerland and the United Kingdom). The membership of Croatia, Italy, Serbia, Sri Lanka and Ukraine is currently in progress.

Each member state takes on the commitment of allowing products marked with the Convention hallmark, the so-called common control mark, to be imported without subsequent testing or marking.

Tomorrow, the 23rd, the Tivoli Oriente Hotel is hosting the 14th meeting of the International Association of Assay Offices, at which assay offices from 26 countries are represented, including those run by INCM in Lisbon and Porto.

The meeting is an opportunity to share experiences, learn about comparative laboratory tests and to present technical matters of general interest; each assay office is able to collect information about equipment and work methods used by their colleagues.

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