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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 concern 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.
Concept Note MASCRADE 2024Download Pdf
Partnership Proposal- MASCRADE 2024Download Pdf