Turkey 2nd in world for counterfeit product volume, report

04 February, 13:58

    (ANSAmed) - ANKARA, FEBRUARY 4 - 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. Fake products sold in the Turkish market include foods produced with counterfeit ingredients, beverages, pharmaceuticals, electronics, auto parts and household products, as well as unauthorized copies of music, video and software. Professor Mustafa Erdem from Yasar University told daily Today's Zaman that the large number of fake products in the Turkish market stems from many factors. “Turkey has a special law - the 'Anti-smuggling Law.' Since counterfeit and smuggled products comprise a considerable part of the Turkish market despite the presence of legal measures, other factors contribute to this outcome. High taxes levied on imported products and inadequate customs check at borders are among the factors,” Erdem said. According to a report published by the National Police Department in June of last year, USD 655 million worth of smuggled goods and commodities were seized by the police during operations in 2013, and approximately 6,000 people were arrested for smuggling goods or commodities such as tobacco, fuel, mobile phones, medicine or beverages. The police seized 17.4 million liters of fuel, 108.2 million boxes of cigarettes, 397,490 mobile phones, 9.2 million boxes of medicine and 135,191 beverage bottles from smugglers in 2013. (ANSAmed).

    © Copyright ANSA - All rights reserved

    Business opportunities

    The information system of business
    opportunities abroad

    News from Mediterranean