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1/16/2012

Trillion-dollar fraud business world


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Oil-producing countries are open on the import is fertile ground for counterfeit materials ( Al Jazeera )

Mohammed Avzaz - Doha

As BPG in the Gulf region the size of the tradition of trade internationally eight hundred billion dollars to a trillion dollars annually, representing 7% of total world trade.
The head of the Council Abdullah Hsain of the island that these figures remain approximate, and may be more than a trillion dollars, warning the occasion of the regional workshop on practice to distinguish between counterfeit goods and indigenous organized by the Ministry of Business and Commerce in Qatar to the absence of accurate studies to monitor the real size of commercial fraud.
He Hsain that the phenomenon of commercial fraud and counterfeiting threatens consumers and brand owners and other parties, and is working to expel foreign investment, as it undermines spending on innovation and development.He expressed his belief that the Arab and African markets are most affected by counterfeiting and fraud, said that Asian markets remain the most productive of counterfeit and fake goods.

Awareness of the risksThe speaker stressed the centrality of the work of the same customs administrations as a "point of the Supreme Defense", as well as awareness campaigns about the importance of the dangers of fraud, and the priority of cooperation between government agencies to deter violators.
And announced the Council's determination to complete a study is the first of its kind to estimate the size of the phenomenon of commercial fraud and imitation Persian Gulf region, to be ready by the first quarter of next year.

The legal expert with the World Intellectual Property Hossam Loutfi that countries that have oil to enter the high represents fertile ground for the revival of trade in counterfeit goods imported from abroad.
He said to the island, "These markets are open and relies on imports for 90%, making it attractive for this type of industries destroyed the credibility of the brand."
 
Lutfi said that despite the availability of the laws of Arab countries and a strong deterrent, there is a problem in the application, noting that some of the points of intervention show "is the concept of tolerance."

He stressed that the recovery of tradition in the region reduces employment opportunities and strategies of local manufacture, stressing the importance of awareness of decision makers to protect the local market conditions to create an attractive environment for foreign capital.
Commercial SecurityAnd expert legal opinion that the application of the law against fraud and counterfeiting that would attract investments to the Arab region for the development of their industries and said, "must be awareness that commercial security is as important as political security and criminal security."
In Qatar, said the Ministry of Business and Commerce Saturday it had detected one hundred and forty-five cases of fraud and trading in the domestic market last year, compared with only three dozen in 2010, a total of irregularities that have been seized this market eight hundred offense in 2011.
The ministry added that the growth of the volume of offenses reflects the high levels of cooperation with the trademark owners, and the development efforts of the staff supervisor to monitor the markets.
The Assistant Undersecretary for Business Majid Bin Abdul Rahman Al-Mahmoud said that commercial fraud negative phenomenon threatens development efforts and to incur trademark holders losses heavy and hit the principles of competition, and endanger the safety of the consumer public at risk, and incur the brand owners and rights holders losses.

Difficult to distinguishThe workshop was attended by representatives of the competent authorities in GCC countries, and experts from international companies reviewed the issues of "intellectual property protection rights," and "commercial fraud and counterfeiting" and "The role of standardizing bodies in consumer protection."
The workshop was held on the sidelines of the exhibition of counterfeit and fake goods that were seized by the Department of Consumer Protection, Ministry of Business and Trade country, at a time when participants that it is difficult to distinguish between genuine goods and counterfeit counterparts.

Source: Al Jazeera

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