Swiss propose gold transparency to avoid human rights breaches


  • World
  • Wednesday, 14 Nov 2018

FILE PHOTO: A one kilogramm gold bar imprinted with the word 'Switzerland' is displayed in a Swiss bank in Bern November 25, 2014. Picture taken November 25, 2014. REUTERS/Ruben Sprich

ZURICH (Reuters) - Switzerland stopped short of new laws to ensure that gold it imports for refining has not been produced in violation of human rights, proposing greater industry transparency instead.

Home to four of the world's largest refiners, the Swiss industry has come under fire from human rights groups and non-governmental organisations for instances in which gold it has imported was alleged to have financed conflict or been mined in ways that violated human rights.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Burkina Faso army executed over 220 villagers in February, HRW says
Yellen says range of options to deal with frozen Russian assets
Kenyan military deployed as East Africa floods kill dozens
Lukashenko talks up threats to Belarus to justify 'nuclear deterrence'
Italy's state TV journalists to strike over Meloni government's grip
Harvey Weinstein's conviction overturned by top New York court
Russia says it may downgrade ties with US if its assets are confiscated
Iraq hangs 11 convicted of terrorism in latest mass executions, security officials say
Spain prosecutor asks court to throw out corruption case against PM Sanchez's wife
India says US human rights report "deeply biased"

Others Also Read