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TRACIT Calls to Address Enablers of Illicit Trade

TRACIT Calls to Address Enablers of Illicit Trade

The Transnational Alliance to Combat Illicit Trade (TRACIT) spoke at the OECD Global Anti-Corruption and Integrity Forum in Paris on March 27, 2018.

The forum brought together government leaders, policy communities, the private sector, civil society organizations and academia to address challenges on integrity in business.

Speaking at the forum, on a panel entitled “New Perspectives on Integrity”, TRACIT Deputy Director-General Stefano Betti presented the objectives of the forthcoming Global Illicit Trade Environment Index, commissioned by TRACIT and produced by the Economist Intelligence Unit.

The index is set to evaluate and rank qualitative and quantitative indicators of country performance and the extent they enable or prevent illicit trade – including customs, trade and transparency, government policies and supply and demand.

Read the “Trade Costs and Corruption in Ports” technical paper for further discussion on the issue of corruption

Mr Betti said: “This Index will improve the knowledge and understanding of the regulatory environment and economic circumstances that enable illicit trade.

“It will highlight the role of corruption in facilitating illicit trade and help governments identify priority actions to correct the problem.”

“Promoting integrity within the public and private sectors is critical to combating illicit trade in all its forms.

“TRACIT is honoured to be a Knowledge Partner of this Forum and looks forward to working together with the OECD on the issues of illicit trade, integrity and anti-corruption in the coming months.” 

Read more: TRACIT Calls to Combat FTZ Abuse