Committee Against Smuggling and Counterfeiting Activities Destroying the Economy

Turkey ranks behind China in production of counterfeit goods

February 6, 2015 by admin News 0 comments

Turkey ranks behind China for its production and market of counterfeit goods, the Turkish news agency Cihan reported on Thursday.The total volume of these goods in the Turkish market is worth 10.8 billion dollars, making it the second largest in the world after China.According to a report by the Business Action to Stop Counterfeiting and Piracy (BASCAP), the 10.8 billion dollars does not include smuggled fuel and tobacco products. If that number is calculated in, the number reaches above 20 billion dollars.

Prev
Next

Related Posts

Russia bans meat imports from Montenegro on suspicion of smuggling from EU
November 18, 2014

Meat product deliveries from Montenegro have risen significantly lately, in...

DTI has no jurisdiction over fake cigarettes
July 23, 2016

THE Department of Trade and Industry (DTI) has no jurisdiction over the fake...

Gold worth ₹1.1cr seized at Trichy airport
November 14, 2023

Trichy: The air customs authorities seized 1.8kg of gold valued at 1.1 crore from...

Pune: Fake Indian, foreign currency of Rs 87 crore ‘value’ seized; jawan among 6 arrested
June 11, 2020

Fake Indian and foreign currency notes — including play currency notes marked...