01/03/2018 - Inconsistent penalties, insufficient checks on small parcels, and a lack of information on shipments in free trade zones allow criminal networks to traffic billions of dollars worth of fake and prohibited goods each year. Today, the OECD introduced a new phase in its efforts to help governments counter these enforcement gaps and better protect consumers and businesses.
A new policy study, Governance Frameworks to Counter Illicit Trade, focuses on the ineffective penalties and sanctions around the shipping of illicit goods, the poor screening of small parcels and the insufficient control over goods passing through free trade zones.
“Trade in fake and prohibited products can be dangerous for consumers and costly for companies and governments. This affects industries in all OECD countries and increasingly from emerging markets as well,” said OECD Director of Public Governance Marcos Bonturi. “Tackling policy gaps can start to increase the risks and lower the rewards of illicit trade for criminals.”
OECD work offers a solid evidence base on illicit trade, revealing that, on average, 2.5% of internationally traded goods are counterfeit, rising to 6.5% for IT and communication products. This new OECD work explores in depth:
The report also documents enforcement practices in BRICS economies. The OECD will release additional data and detailed analysis this year.
Download Governance Frameworks to Counter Illicit Trade
For further information, or to speak to one of the authors of the report, please contact Miguel Rodriguez-Gorman in the OECD’s Washington Center Media Office.
Working with over 100 countries, the OECD is a global policy forum that promotes policies to improve the economic and social well-being of people around the world.