OECD REPORT: SEA TRANSPORT IS PRIMARY ROUTE FOR COUNTERFEITERS

On 22 February, a news release from OECD says that more than half of the total value of counterfeit goods seized around the world are shipped by sea, according to a new OECD-EUIPO report.  Seaborne transport accounts for more than 80% of the volume of merchandise traded between countries, and more than 70% of the total value of trade.  Containerships carried 56% of the total value of seized counterfeits in 2016. China was the largest provenance economy for container shipments, making up 79% of the total value of maritime containers containing fakes and seized worldwide.  India, Malaysia, Mexico, Singapore, Thailand, Turkey and the UAE are also among the top provenance economies for counterfeit and pirated goods traded worldwide.  To combat illicit trade, a number of risk-assessment and targeting methods have been adapted for containerised shipping, in particular to enforce against illicit trade in narcotics and hazardous and prohibited goods. But the analysis reveals that the illicit trade in counterfeits has not been a high priority for enforcement, as shipments of counterfeits are commonly perceived as “commercial trade infractions” rather than criminal activity.

https://www.oecd.org/newsroom/sea-transport-is-primary-route-for-counterfeiters.htm

The report is at –

https://www.oecd.org/governance/misuse-of-containerized-maritime-shipping-in-the-global-trade-of-counterfeits-e39d8939-en.htm

I would be grateful for any modest contribution for my time and ongoing costs of computer, relocation, and (still ongoing) removal costs, I have a page, where contributions start as low as $3, at https://www.buymeacoffee.com/KoIvM842y

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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