"The Association of Goldsmiths and Watchmakers of the South resulted from the transformation, which occurred in 1975, of the former Guild of Goldsmiths and Watchmakers of the South, successor to the former District Guild of Goldsmiths and Watchmakers of Lisbon, which had succeeded the former Commercial and Industrial Association of Goldsmiths of the South, and its purpose is to defend and represent the legitimate interests and rights of all associated merchants, their prestige and dignification."

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