RUSSIA COUNTERFEITS
September 1st, 2003
BY MARK ROWE
RUSSIAN counterfeit goods manufacturers, who have traditionally regarded clothes and textile goods as prime and lucrative targets, have seen a six-fold fall in the number of goods they sell. The country's State Customs Committee says Russia lost US$600 million last year in the sale of fake goods of all kinds, compared with US$1 billion in 1999. It attributed progress to legislative changes and greater efforts by law enforcement agencies.
RUSSIAN counterfeit goods manufacturers, who have traditionally regarded clothes and textile goods as prime and lucrative targets, have seen a six-fold fall in the number of goods they sell. The country's State Customs Committee says Russia lost US$600 million last year in the sale of fake goods of all kinds, compared with US$1 billion in 1999. It attributed progress to legislative changes and greater efforts by law enforcement agencies.
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