PRIME-TASS refers to the Minister of Finance Alexei Kudrin while reporting that a special document aimed at abolishing of precious metals and gemstones export quotas is expected by the end of the year 2006.

The source quotes the Minister saying that the document “is already prepared and now is being under the process of approval”. This document is said to be very important for the companies that have their exports dependent on the Government, such as ALROSA.

Now the only Russia’s representative that has the right to conduct operations with precious metals and gemstones in the international market is Almazyuvelirexport.