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Illicit Trade a Security Threat, Region Warned

by Karuhanga, J.
Published by : The New Times (Rwanda) Physical details: 3p.
Subject(s): Illicit Trade
Year: 2016
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The article tackles illicit trade, described as a serious security threat as it encourages widespread criminality. Illicit trade has a negative impact on investments, government revenues and social welfare, as it is a front for money laundering and has the potential to sabotage national economies. Illicit trade refers to any practice or conduct prohibited by law and which relates to production, shipment, receipt, possession, distribution, sale or purchase including any practice or conduct intended to facilitate such activity. It comprises trade in illegal goods and services, and trading in legal goods illegally.

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