Illegal trade harms both consumers and businesses

Seizures of illegal trade volume approximately amounted to K250.176 billion in 12,430 cases up to April 2024.

 

Vice-Senior General Soe Win highlighted that the International Trade Centre (ITC) showed a trade dif­ference worth US$6-12 billion per year between Myanmar and its trade partners China, Thailand, India, and Japan, proving illegal trade between them.

 

Chairman of the Illegal Trade Eradication Steering Committee Vice-Chairman of the State Administration Council Deputy Prime Minister Vice-Sen­ior General Soe Win delivered a speech at the coordination meet­ing 2/2024 of the steering com­mittee at the hall of the Ministry of Commerce in Nay Pyi Taw yesterday afternoon.

 

In his speech, the Vice-Sen­ior General said that after re­constituting the steering com­mittee, seizures of illegal trade volume approximately amounted to K250.176 billion in 12,430 cases up to April 2024.

 

 

He recounted that, accord­ing to the estimation of the UN, global countries lose incomes in various sectors worth more than US$2 trillion in illegal trade year­ly, comprising US$30-40 billion worth of agricultural goods in unlawful trade on a yearly basis, adding illegal drugs kills children whereas illegal chemical drugs cause environmental degrada­tion.

 

He also disclosed that coun­terfeit commodities trading amounts to some $509 billion per year, accounting for about three per cent of global trading, accord­ing to the OECD and WIPO.

 

The Vice-Senior General noted that surveys showed that some $35 billion worth of coun­terfeit commodities flow into the ASEAN region yearly, comprising $2.6 billion worth of counterfeit drugs, so the loss of businesses accounted for some US$6 billion.

 

With regard to seizures in Myanmar, the Vice-Senior Gener­al noted that the Customs Depart­ment and Mandalay Region stood first for the seizure of smuggled and illegal commodities from February to April 2024, followed by Kachin State, Taninthayi Re­gion. Among them, he continued that unregistered vehicles and illegal commodities were seized as the most enormous volume, followed by intermediate goods and capital goods.

 

The Vice-Senior General underscored that illegal trade causes a decline in legal export volume and foreign exchange in­come. Moreover, he continued that the payment of illicit routes causes black markets, causing difficulties in calculating the in­come and expense of the State and obstacles to adopting the financial and monetary policies. Moreover, it can affect the rule of law process, trigger corruption of service personnel and harm administrative mechanisms, he added.

 

He instructed officials of one-stop service (OSS) and special task forces to effectively deter and seize illegal import and ex­port goods in accord with the law.

 

In conclusion, the Vice-Sen­ior General urged the steering committee and special task forc­es from regions and states to join hands with the government in totally eradicating illegal trade, as illegal trade brings direct loss to consumers as well as busi­nesspeople.

 

Officials reported on the accomplishment of the meeting 1/2024 of the steering committee and letters to the meeting 2/2024, whereas Deputy Chief of Myan­mar Police Force Police Maj-Gen Aung Naing Thu clarified criteria and supervision process for com­panies which will import restrict­ed chemical materials.

 

Vice-Chairman of the Steer­ing Committee Union Minister Lt-Gen Yar Pyae and steering committee member Union Minis­ter U Tun Ohn discussed reviews over illegal trade, taking action for seizures of narcotic drugs, restricted chemicals, vehicles, fuel oil, foodstuffs, medicines and cosmetics under the law, compar­ison between export and import commodities, commodity flows, e-lock system and illegal online sales of goods.

 

Then, decisions drafted in the meeting were read. The Vice-Senior General coordinated all discussions. — MNA/TTA