BARBADOS-TRADE-Authorities cracking down on illegal trade in precious and second hand metals

BRIDGETOWN, Barbados, CMC – Barbados authorities warned Wednesday that dealers engaged in the precious and second hand metal should obtain a licence and register with the police before attempting to export those commodities. According to an official statement issues here, the dealers must also ensure that the metals are “specifically declared” to the Comptroller of Customs, and that the Precious Metals and Second Hand Metal Act 2013-3 mandates Customs to approve and inspect all exports in these commodities. The statement that registered dealers who wish to export such metals must complete a declaration to Customs, “whether the goods are to be exported by a cargo agent or taken in the passengers’ baggage; and must present proof of their registration at the ports of exit”.