GROWTH IN FREE TRADE ZONES BOOSTS BLACK MARKET OF ALCOHOLIC DRINKS SAYS OECD

AN OFFICIAL from the Organisation for Economic Co-operation & Development (OECD) has told just-drinks that the growth in free trade zones (FTZ) is boosting the sale of counterfeit drinks. OECD’s policy analyst Florence Mouradian said the drinks sector that was a target for illicit traders in FTZs. Her comments came after the OECD released a report – ‘Trade in Counterfeit Goods and Trade Zones’ report. While not being sector specific, the report warned that “some zones have indivertibly facilitated trade in counterfeit and pirated products”. The ...


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