Illegal trade  at USD 6.4 billion

Illegal trade at USD 6.4 billion

During an event organised early February by the UNCTAD (United Nations Conference on Trade And Development), it was revealed that Myanmar’s illicit trade value is about USD 6.4 billion every year. This staggering figure only reflects trade on o
Illicit trade valued at over USD 6.4 billion per year

Illicit trade valued at over USD 6.4 billion per year

Myanmar’s illicit trade stands at USD 6.4 billion. During the first-ever Illicit Trade Forum held on February 3rd and 4th in Geneva, U Than Myint, the country’s minister of commerce, said that this figure is still “just the tip of the i
Myanmar stands third in the global index on illicit trade

Myanmar ranks near bottom of illicit trade index

Myanmar has ranked near the bottom of an index that tracks countries regarding their commitment to combating illicit trade. In the index, conducted by the Economist Intelligence Unit (EIU), Myanmar was ranked in 82nd out of 84 countries, behind only