From: Securing Industry
TRACIT organization aims to tackle illicit trade
Phil Taylor
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The Transnational Alliance to Combat Illicit Trade (TRACIT) has the ambitious aim of stopping “the significant and growing economic and social damages” caused by activities such as trademark counterfeiting and copyright piracy, and people trafficking.
“Illicit trade has grown well beyond the capabilities of individual governments and individual companies and now demands a sustained, coordinated response,” said TRACIT director-general Jeffrey Hardy (pictured), a former director of the International Chamber of Commerce’s Business Action to Stop Counterfeiting and Piracy (BASCAP) unit. “Business has an important role to help shape this response.”
