Rapid growth in free trade zones – where economic activity is driven by reduced taxes and customs controls, light regulation and limited oversight – is unintentionally fostering growth in counterfeit goods trafficking, according to a new report by the OECD and the EU’s Intellectual Property Office.
"La OCDE ha abogado durante mucho tiempo por una apertura del mercados que apoye el crecimiento sostenible e inclusivo", dijo el Secretario General de la OCDE, Angel Gurría, en respuesta a la firma del tratado.
“The OECD has long been an advocate for market openness that supports sustainable and inclusive growth.” OECD Secretary General Angel Gurría said in response to the signing.
The OECD Secretary-General Angel Gurría called on the governments of steel-producing economies to address the root causes of today’s steel crisis through multilateral approaches, and in particular through the Global Forum on Steel Excess Capacity.
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.
Robust growth in G20 international merchandise trade in fourth quarter of 2017
G20 merchandise trade growth accelerates to highest pace in six years
The U.K. economy has weakened in the aftermath of the decision to leave the European Union. Maintaining close ties with the EU and implementing policies to boost productivity will be crucial for maintaining future living standards, according to a new report from the OECD.
Continued, albeit slower, G20 merchandise trade growth in Q2 2017
International cooperation is now more critical than ever, OECD Secretary-General Angel Gurría said following a G20 Leader’s Summit marked both by controversy but also advances on a range of policies to tackle global challenges.