Author (Person) | Poiret, Chantal |
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Publisher | Robert Schuman Foundation |
Series Title | Policy Papers: European Issues |
Series Details | No.413, November 2016 |
Publication Date | 28/11/2016 |
Content Type | Journal | Series | Blog |
The European Union, the leading trade force in the world, is facing a constant rise in product smuggling and counterfeiting. The rise of illicit trade sets a triple challenge: a health challenge, with the dangers caused by counterfeit products; a security challenge, with illegal trade contributing to the funding of crime and terrorism; and a financial challenge with the loss of tax revenue. The fight to counter illicit trade demands a series of political measures. It also required a technological response, with the introduction of innovative, modern product traceability and authentication systems that can secure supply chains. |
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Source Link | Link to Main Source http://www.robert-schuman.eu/en/european-issues/0413-digital-revolution-and-illegal-trade-is-europe-on-the-leading-edge |
Subject Categories | Justice and Home Affairs |
Countries / Regions | Europe |