The Philippines, with its strategic location in the heart of Southeast Asia and its dynamic economy, is one of the fastest-growing economies in Southeast Asia, and a leader in the Association of Southeast Asia Nations (ASEAN). However, the country’s position as a vital maritime gateway in the region, coupled with its robust economic activities, has rendered it susceptible to a spectrum of illicit practices. From counterfeit goods flooding local markets to the underground movement of smuggled products, the illegal wildlife trade, and the intricate networks of money laundering, the Philippines faces significant challenges in its ongoing battle against these illicit activities.
Fighting Fakes, Contraband and Illicit Trade: Spotlight on The Philippines (November 2023)
TRACIT presents report to IPOPHL's Intellectual Property Enforcement Summit
15 November 2023, Manila - TRACIT and the Intellectual Property Office of the Philippines (IPOPHL) solidified their commitment to combat counterfeit and piracy through a Memorandum of Understanding (MoU) signed during the 2023 Intellectual Property Enforcement Summit in Manila. The agreement establishes a framework for cooperation between the two organizations in the domain of IPR protection and enforcement. During the IP Summit TRACIT presented its report, "Fighting Fakes, Contraband and Illicit Trade: Spotlight on the Philippines," providing valuable insights into the nature and extent of illicit trade in the country. More...