Holistic approach needed to seize contraband and stop terrorist funding

Editor’s Note: See also Free trade zones fuelling global rise in cheap cigarettes.

From: The National (UAE)

A changing dynamic of modern warfare was discussed at a global summit on the illicit trade in Abu Dhabi

Nick Webster

The underground economy of wildlife trafficking and the illicit trade in tobacco is destabilising regions and prolonging civil wars around world, economists have said. Reuters

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The Abu Dhabi event brought together delegates and experts from government, law-enforcement agencies and the private sector to address the root causes of illegal trade and ways to battle it.

It focused on new technology, taxation, legal loopholes, free-trade zones, e-commerce and regional socio-economic instabilities that have presented new opportunities for counterfeiters, intellectual property crimes and other forms of illicit trade.

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