Turkey 2nd in world for counterfeit product volume, report
The total volume of counterfeit or pirated products in the Turkish market is worth 10.8 billion US dollars, making it the second largest in the world after China, the Cihan news agency reported. A recent survey published by the Business Action to Stop Counterfeiting and Piracy (Bascap), an initiative of the International Chamber of Commerce, has indicated that the aforementioned number does not include smuggled fuel and tobacco products, which have a total market value of approximately USD 10 billion. Therefore, Cihan noted, the total figure for all fake and smuggled goods stands above USD 20 billion.
Related Posts
Massive Seizure in Saswad: Smuggled Goa Liquor Disguised as Cosmetics
Pune: In a significant operation led by State Excise officials from Saswad...
Highland experts warn of ‘what not to buy on anti-counterfeiting day and say your money for fake goods could be going towards paying for terrorism, serios crime, slavery and prostitution in UK and around the world’
The Highland Council’s trading standards team is helping to promote World...
Counterfeit Products Trafficking.
Counterfeiting of identification documents, CDs, DVDs, software, medicines,...
Mutharika orders Malawi army soldiers to guard borders against maize, tobacco smuggling
Office of the President and Cabinet says the order is with immediate effect...


