The Ministry of Commerce and Industry in Kuwait has announced plans to form a joint committee dedicated to monitoring and inspecting gold markets and workshops throughout the country. This decision comes in response to numerous complaints regarding commercial fraud within the gold sector, particularly related to weight discrepancies and the fraudulent mixing of copper with gold.

Committee Formation and Objectives

The newly proposed committee is expected to operate for a two-month period. During this time, it will conduct extensive inspection tours based on the complaints received. The primary objective is to ensure compliance within gold workshops and uphold standards to maintain market stability.

Recent Inspections and Citations

In addition to the upcoming committee inspections, teams from the Jahra and Farwaniya governorates have recently organized inspection tours at the fruits and vegetables markets in the Sulaibiya area. These inspections resulted in five citations for various violations, and the violators have been referred to commercial prosecution for further action.

Ensuring Compliance and Market Stability

The formation of this committee signifies the government's commitment to addressing commercial fraud in the gold industry. By enforcing strict standards and conducting regular inspections, the Ministry aims to protect consumers and maintain the integrity of the gold market in Kuwait.