From: The Parliament
Written by
European governments yet to grasp scale and nature of so called underground economy, conference warned.
Is the trade in illicit goods helping to finance terrorist organisations? | Photo credit: Press association
A Brussels conference has been told that the lucrative trade in illicit goods is helping to finance terrorist organisations such as Islamic State.
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Brendan Lemoult, anti-illicit trade vice president with Japan Tobacco International (JTI) said almost all industries are affected by counterfeiting, contraband and intellectual property crime in the thriving underground economy.