The initiative has unearthed many illicit products, among them pharmaceutical products, cosmetics, and alcoholic products, as reported in the media. Illicit trade is a longstanding grave issue, that has grown in scope and magnitude and is derailing economic development. Illicit trade manifests itself in six major and interrelated ways: smuggling; transit fraud ordumping; trade in prohibited goods or products; illicit cash flows; human and wildlife trafficking; trade in small arms and light weapons; and counterfeiting, piracy and substandard goods. Additionally, illicit trade, especially counterfeiting, undermines the value of authentic products and the investments that legitimate businesses put into their brands. KAM also advocates for inter-agency collaboration among the national enforcement institutions mandated to combat various forms of illicit trade.

Source: Daily Nation December 26, 2022 12:04 UTC