European customs intercepted one billion euros worth of counterfeit goods last year, with 85 percent of the fakes originating from China, the European Commission said Thursday. The figures highlighted the rise of Chinese counterfeit goods, which had accounted for 64 percent of the fake articles seized in the 27-nation European Union in 2009. China is by far the biggest exporter of such goods in a list that includes India, the source of counterfeit drugs, and Hong Kong, which supplies counterfeit memory cards, as well as Turkey and Thailand. A total of 103 million counterfeit goods were seized at EU borders last year, down from 117 million in 2009 and 178 million in 2008. But the amount of fakes shipped by post rose dramatically, with seizures almost doubling to 80,000 last year from 43,500 in 2009, a trend linked to the increase of online purchases, the commission said. Cigarettes represented 34 percent of the articles stopped by customs, followed by household products (14.5 percent) such as shampoo, soap, medicine or household appliances such as hair dryers, shavers and computer parts. Office supplies accounted for nine percent of the seizures, followed by other tobacco products (eight percent), clothing (seven percent) and toys (seven percent).
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor