The UN Office on Drugs and Crime (UNODC) has estimated the value of counterfeit goods and medicines from East Asia and the Pacific region are worth as much as the area's illicit drug trade.
UNODC today released an assessment of organised crime in the East Asia and the Pacific (EAP) region which it says is worth a total of $90bn per annum. Drug trafficking accounts for an estimated one third of the value of transnational organised crime but an equal third ($24.4bn) are related to counterfeit goods and another…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login