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
SON To Prosecute Importers Of Fake Products
The StandardOrganisation of Nigeria (SON) has reiterated its determination to...
Smuggled items worth Rs 1.76 crores seized at Calicut International Airport
Karipur: Smuggled items worth Rs 1.76 crores were seized by the Airport Customs...
Illicit tobacco: Three retailers share their experiences
Illicit cigarettes account for approximately one in six of those smoked in the UK...
Manufacturing Sector Losses Up 44% Due to Illicit Trade: Report
Seven major manufacturing sectors suffered an estimated loss of Rs 1,05,381 crore...