The OECD Task Force on Countering Illicit Trade (TF-CIT) aims to co-ordinate international expertise in the quantification and mapping of illicit markets to enable a fuller understanding of the connections between different forms of trafficking, and underpin analysis of the public policies that successfully increase economic and societal resiliance to this threat.
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The TF-CIT is organised in the context of the OECD High Level Risk Forum. It provides a platform for international public and private stakeholders to analyse how to incentivise compliance with laws and regulation to promote legitimate trading networks. By drawing attention to the scope of illicit activites and the interconnections between them, the Forum and the TFCIT can also help countries focus and co-ordinate efforts to drive criminal entrepreneurs and illicit networks out of business.
Transnational criminal networks profit from trafficking and illegal trades in drugs, arms, persons, toxic waste, natural resources, counterfeit consumer goods, and wildlife. Billions of dollars from these activities flow through the global economy each year distorting local economies, diminishing legitimate business revenues, deteriorating social conditions and fuelling conflicts.
The immediate effects of illicit trade include major social ills such as violent crime, drug addiction and environmental degredation, and over the longer term the impacts run much deeper, undermining the rule of law, fuelling corruption, and reducing competitiveness.
To address this quickly evolving global risk, public and private sector decision makers first need a firmer grasp on the magnitude and nature of its impacts on economic activities, and a clearer understanding of the conditions that enable it. While gross estimates of monetary values are available for some sectors, a comprehensive and holistic effort is needed to better inform effective policy strategies and operational partnerships between the public and private sectors.
The Task Force on Countering Illicit Trade is currently focusing on:
|What's New in Illicit Trade
For any questions or if you require further information please contact Mr Jack Radisch, OECD: email@example.com