San Marino
Conventions with Italy

San Marino and Italy have engaged in conventions since 1862, dictating some economic activities in San Marino's territory.

Cultivation of tobacco and production of goods which are subject to Italy's government monopoly are forbidden in San Marino. Direct import is forbidden; all goods coming from a third party have to travel through Italy before reaching the country. Although it is allowed to print its own postal stamps, San Marino is not allowed to coin its own currency and is obliged to use Italy's mint; the agreement does not affect the right of the Republic of San Marino to continue to issue gold coins denominated in Scudi (the legal value of 1 gold Scudo is 37.50 euros). Gambling is legal and regulated; however, casinos were outlawed prior to 2007. There is one legally operating casino.

In exchange for these limitations, Italy provides San Marino with an annual stipend, provided at cost, of sea salt (not more than 250 tonnes per year), tobacco (40 tonnes), cigarettes (20 tonnes) and matches (unlimited amount).

At the border there are no formalities with Italy. However, at the tourist office visitors can purchase officially cancelled souvenir stamps for their passports.
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