ICC Recommendations on Illicit Trade in Free Trade Zones (FTZs)
1 minuto Free Trade Zones (FTZs) can play an important role in fostering trade flows and attracting local and foreign investment. However, the lack of oversight in a large number of FTZs have allowed for organized criminals to facilitate illicit trade flows in narcotics and counterfeited, pirated or stolen goods. Due to high profits yielded, low risks of detection and relatively low penalties, without appropriate Customs supervision these zones are easy targets for organized crime and illicit trade. The International Chamber of Commerce Continue lendo→