The T&T Manufacturers’ Association (TTMA) says focus must be placed on enforcement to stamp out illicit trade.
In a statement the organisation said there must be continuity of the Multi-Agency Task Force (MATF) led by the Police Service with officials from the Tobacco Control Unit, the Fire Service, the Bureau of Standards and the Ministry of Health to reduce this type of crime.
The TTMA also praised the efforts to law enforcement officials over the past year.
“The seizures and prosecutions in 2022 thus far is a good sign. Two businessmen were arrested and 81,320 illicit tobacco products seized, 552 in electrical items believed to be substandard, $43,088 and a reprogrammed cash register from an illegal Play Whe site and 13 unauthorised gambling machines were confiscated,” according to TTMA’s president Tricia Coosal.
She said for far too long illicit trade was allowed to flourish, emphasising it is time to stop the entry of counterfeit and harmful products into the country.
The TTMA president also added that unscrupulous businessmen need to recognise there are consequences to such actions.
Coosal advised that a comprehensive and holistic approach is required, suggesting that from the legislative perspective T&T’s laws need to be continuously amended to allow for more serious measures and enforcement.
From the business aspect entities need to adhere to rules and regulations ensuring authentic products are sold, and from the consumer aspect citizens need to be aware of the scourge of illicit trade and resist buying illegal products, Coosal added.
Further, she said illicit goods can have disastrous impact on lives and livelihoods as it can result in the loss lives in some instances and loss of jobs in others circumstances.
Coosal further noted there needs to be clear policies and guidelines to foster joint action among law enforcement agencies, as well as, funding for intelligence efforts,
“We all have a part to play and the TTMA would like to see proper product tracking and tracing, in addition to amendment of the law for stiffer sanctions to deter illicit traders,” she added, advising the establishment of the Special Economic Zone (SEZ) would also help with this process.
Coosal also added that while traditional Free Trade Zones (FTZ) facilitate economic growth and diversification, it is also known for perpetuating illicit trade and act as havens for smuggling high profile goods.
“However, it is believed that the tighter controls, penalties, robust monitoring and independent audits, as proposed to be introduced in the new Special Economic Zone (which replaces the FTZ) framework, would serve to mitigate the possible occurrence of illicit trade activities,” she explained.
Coosal also emphasised that a reduction in illicit trade would also enable Government to collect more tax revenues, protect citizens of substandard and harmful goods and help preserve the businesses of legitimate companies.
