28^th February 2024

FICCI CASCADE organized a Twitter Space programme featuring Mr. Deep Chand, Former Special Commissioner, Delhi Police and Advisor, FICCI CASCADE on “Cracking Down on Smuggling” on Wednesday, 28 th February 2024. The discussion, led by Mr. Chand, provided valuable insights into the prevailing global landscape of smuggling and its significant ramifications on national economies, tax revenues, and legitimate businesses.

During the discussion, Mr. Chand expertly navigated through various dimensions of smuggling, elucidating its intricate operational dynamics, emerging trends, and the formidable challenges it poses to law enforcement agencies worldwide. Notably, the conversation shed light on the frequency of smuggling incidents and discerned notable trends or patterns observed over specific periods. The discourse delved into the proactive strategies and measures governments typically deploy to combat smuggling while concurrently upholding effective taxation policies. An exploration of this delicate balance revealed inherent challenges that policymakers grapple within their efforts to curb illicit trade while maintaining economic integrity. Furthermore, the dialogue extended its purview to encompass international collaborations and partnerships aimed at staunching the flow of cross-border smuggling activities. This collective endeavour underscores the imperative of global cooperation in addressing multifaceted challenges posed by smuggling.

Central to the discourse was the recognition of smuggling’s broader implications, intertwining with organized crime, terrorism financing, and other illicit activities. Such insights underscored the urgent need for concerted efforts to combat smuggling, safeguarding societal well-being and economic stability on a global scale.

Moreover, participants had the opportunity to engage in a constructive dialogue, exchanging ideas and strategies aimed at curbing illicit trade and safeguarding socio-economic interests on a global scale.

The virtual program garnered enthusiastic participation from 11,000 attendees worldwide.