Event: Assessing the Impact of Illicit Trade in the ASEAN Region

Assessing the Impact of Illicit Trade in the ASEAN Region

EU-ASEAN Business Council (EU-ABC) / TRACIT co-hosted event
Bangkok, 9 June 2023

The Association of Southeast Asian Nations (ASEAN) has set an ambitious goal to achieve economic integration by 2025. With this deadline drawing near, ASEAN ministers are working ambitiously to build new pathways, overcome obstacles and make progress on their objectives.

Among the challenges, however, is the specter of illicit trade which has been a persistent issue throughout the region. From illegal production, distribution, and sale of goods and services, to smuggled goods, human trafficking and falsified and substandard medicines, illicit trade has a significant negative impact on the ASEAN community’s economic, political, and social well-being.

In order to address the challenge faced by ASEAN Members States today, pathways for joint action with stakeholders is needed. This includes enhanced cooperation amongst ASEAN Member States, with the private sector, and with other governmental and institutional partners.

The seminar brought together stakeholders together to discuss the impact illicit trade is have on the ASEAN Community Vision 2025, and what types of joint action can be taken to address challenge we face today.
The seminar concluded with the public launch of TRACIT and the EU-ASEAN Business Council (EU-ABC)’s Report “Impact of Illicit Trade on the ASEAN Community Vision 2025” (2023), followed by a press briefing.

Documents

TRACIT Media release

News stories
Illicit Trade Has Significant Impact on the ASEAN Community Vision 2025: New TRACIT Report (B2B Cambodia)

องค์กรต่อต้านการค้าที่ผิดกฎหมาย"ชธี้รุกิจอาเซยีนทําการผิดก.ม. ออื้ (Line)

Asean members urged to work together to crack down on illegal trade (Nation Thailand)

ASEAN urged to strengthen cross-border regulations to combat illicit trade (Pattaya Mail)

TRACIT องค์กรต่อต้านการค้าที่ผิดกฎหมาย เผยรายงานฉบับใหม่ (The Master)

Featured report

TRACIT's report, “Examining the Negative Impact of Illicit Trade on the ASEAN Community Vision 2025” offers a comprehensive analysis of how illicit trade affects the three communities of ASEAN: the economic community, the political-security community, and the socio-cultural community. The report highlights specific examples of illicit trade in key sectors operating in ASEAN and identifies areas of vulnerability that could be addressed through better policies and regulations. More...

Images