From: Global Trade
Written by Peter Buxbaum
Transnational Alliance and Economist Intelligence Unit Join in Effort
The Transnational Alliance to Combat Illicit Trade (TRACIT) announced the development of the Global Illicit Trade Environment Index comparing 79 countries on the extent to which they enable or prevent illicit trade.
The index, commissioned by TRACIT and produced by the Economist Intelligence Unit, will improve the knowledge and understanding of the regulatory environment and economic circumstances that enable illicit trade. Countries will be assessed on several key indicators, including transparency, trade and investment regimes, customs environment, intellectual property protections, and indicators associated with criminal activity in the areas of money laundering, corruption and organized crime.
