Agri smuggling $10-B trade – study
MANILA, Philippines – In the 1980s, smuggling of agricultural commodities had evolved into a big-time illegal trade, with the value of such products estimated at $6 billion a year. As the volume of imported agricultural commodities increased in the 1990s, the magnitude of technical smuggling in the sector correspondingly expanded. By 2008, the value of smuggled agricultural items had ballooned to more than $10 billion annually. These lucrative activities have persisted to this day, indicating that government efforts to curb the illegal entry of such products have been ineffective. Internationally traded and smuggled into the country are milled rice, refined sugar, beef, onion, pork, chicken, ginger, carrots and turnips, according to a recent study titled “An Assessment of Smuggling of Selected Agricultural Commodities in the Philippines.”
http://www.philstar.com/headlines/2014/02/16/1290917/agri-smuggling-10-b-trade-study
Related Posts
Counterfeit Botox imported from Hong Kong, FDA reveals
The Food and Drug Administration (FDA) urged people to check product packaging...
Mumbai: Flyers intercepted with foreign currency, gold at city airport
The Mumbai Customs has seized foreign currency and gold worth Rs 29.84 lakh at...
Genetically Modified Tobacco Plants Are Viable for Producing Biofuels
In her PhD thesis Ruth Sanz-Barrio, an agricultural engineer of the...
Illegal cigarettes worth ₹2.46 cr seized
Vijayawada: The officials of the Central GST Commissionerate of Guntur and...