Launch of “Trade in Counterfeit and Pirated Goods” report
The Deputy Secretary-General of OECD and the Executive Director EUIPO have launched the joint report “Trade in Counterfeit and Pirated Goods: Mapping the Economic Impact”…Trade in Counterfeit and Pirated Goods” report
From China Daily Dated 19th April, 2016
PARIS – Imports of counterfeit and pirated goods are worth nearly half a trillion dollars a year, or around 2.5 percent of global imports, with US, Italian and French brands the hardest hit and many of the proceeds going to organized crime, according to a new report published Monday by the Organization for Economic Cooperation and Development (OECD) and the EU’s Intellectual Property Office.
The report puts the value of imported fake goods worldwide at $461 billion in 2013, compared with total imports in world trade of $17.9 trillion.