NORTH KOREA SMUGGLES TOBACCO PRODUCTS

The Korea Times on 19th August reported that North Korea is raising cash by smuggling tobacco products, including counterfeit cigarettes, according to sources, and the impoverished Kim Jong-un regime even raised the export price for a carton of cigarettes by 10%.  Some North Korean cigarettes are intended for domestic consumption, but most are falsely labelled with fake foreign brands and smuggled to Hong Kong, Macau, and SE Asian countries.

https://www.koreatimes.co.kr/www/nation/2018/08/103_254077.html

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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