Digital Revolution and Illegal Trade: is Europe on the leading edge?

Author (Person)
Series Title
Series Details No.413, November 2016
Publication Date 28/11/2016
Content Type

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.

Source Link
Subject Categories
Countries / Regions