Tuesday, June 10, 2025
21.9 C
Podgorica
17 C
Budva
17 C
Kotor
12.6 C
Cetinje
HomeBusinessGold products from the EU will be able to in Montenegro and...

Gold products from the EU will be able to in Montenegro and without full compliance with domestic rules

Published on

spot_img

EU Gold Products to be Permitted in Montenegro Without Complete Adherence to Local Regulations


9. June 2025. 20:12

Following Montenegro’s accession to the European Union, the country will be required to recognize Member States that share an equivalent level of consumer protection. This topic was highlighted at the workshop on the “Principle of Mutual Recognition in the EU”.

This implies that inspectors will no longer be able to ban the introduction of such products, except in exceptional cases like those involving consumer safety and fair trade, as noted by the Institute for Metrology and the Project Center for Strategic and Legal Consulting for Montenegro (Land), which is funded by the European Union.

Key elements of the EU’s operations were discussed at the workshop “Principle of Mutual Recognition in the EU”, organized by the Institute for Metrology and the Strategic Advice Center for Montenegro (plac), supported by EU funding.

“Mutual recognition is critical for a functioning single market. A product legally sold in one Member State will not require repeated testing or unnecessary permits,” stated Natalija Jovanović, Project Expert.

Jovanović also emphasized that Montenegro’s administration must prepare, particularly its inspection services, to effectively implement the mutual recognition principle for products in the precious metals sector.

“It is essential to recognize that this does not mean lowering standards but rather accepting different technical solutions from Member States that achieve the same goal: protecting consumers and the public interest,” Jovanović remarked.

PHOTO: Department of Metrology

During the session, participants learned about EU Member States, Directive 2015/1535, Regulation (EU) 2019/515, and the practical steps Montenegro needs to take for effective implementation of these regulations concerning precious metals. The challenges faced and Montenegro’s obligations to establish a notification system for technical regulations under the EU were emphasized to prevent trade barriers.

Attention was also given to case law from the Court of Justice of the EU, including significant rulings regarding mutual recognition within precious metals. The workshop analyzed how the legal interpretations of these judgments may influence inspection oversight in Montenegro and what procedural adjustments will be necessary in the future to ensure consistent application.

This workshop represents another step toward enhancing the capabilities of domestic institutions in applying European regulations, especially in light of Montenegro’s preparation for full EU membership, as stated in the announcement.





Latest articles

How Arteta, Flick and Luis Enrique are inspired by Guardiola

How Arteta, Flick, and Luis Enrique Draw Inspiration from GuardiolaGuardiola didn't invent the "juego...

Germany remains in the game, Karabatić scored against the Croatians for a European Championship record

Germany Stays in Contention as Karabatić Sets European Championship Record Against Croatia...

Đinović and Roganović win gold in Shkodra

Đinović and Roganović Capture Gold in ShkodraMontenegrin boxers Tomislav Đinović and Miloš Roganović wrapped...

This is all a process of growing up

This is a Journey of Growing Up ...

More like this

Montenegro’s economy in the first quarter rose 2.5 percent

Montenegro's Economy Grows 2.5% in the First Quarter ...

Mediterranean bear seen in the Montenegrin sea

Mediterranean Bear Spotted in the Waters Off Montenegro ...

SPAJIĆ: Montenegro will get the organization of the EU-WB summit for 2026.

SPAJIĆ: Montenegro to Host the EU-WB Summit in 2026. ...