The head of GOKHRAN Mr Rybkin announced that the organisation has no more secrets and is quite transparent for the participants of precious metals and gemstones market. In this connection Russia’s entry to WTO is regarded as a real event.

On November 4 2004 GOKHRAN will hold a meeting devoted to the problems of the market.

According to Mr Rybkin, Russian diamond, gold, silver, platinum and jewellery market has been liberalised to some extent and this process will continue. In the nearest future it is highly likely that the law “On precious metals and gemstones” will be cancelled as it has become unnecessary.