MASCRADE 2022
MASCRADE 2022 focuses on imparting knowledge and creating awareness amongst the consumers about their rights, duties and responsibilities to safeguard their welfare and interest from illicit trade network. It will provide a platform to analyse and promote deliberations among the stakeholders on the adverse socio-economic impact of illicit trade is an unfair trade practice that undermines private sector contributions to economic growth and employment. It chokes market growth, sabotages global supply chains, squanders natural resources and endangers security
The growing network of illicit trade is a grave oncern as it endangers lives of the consumers. Inadequate legal framework and lack of consumer awareness are shaping the dynamics of illicit trade. Imparting knowledge to the consumer on the importance of promoting genuine goods in the country can go a long way to tackle this menace. Therefore, significant policy reforms and strategies should be enhanced to fight against the growing hazards of counterfeiting and smuggling with the goal of keeping consumer safe.