India, along with 134 countries of the world has agreed on a global deal to combat tobacco smuggling.
Under the Protocol agreed upon by the Intergovernmental Negotiating Body (INS) after lengthy discussions, countries will establish a global tracking and tracing system for tobacco products. It sets the rules for combating illicit trade through supply chain controls.
A report brought out by Bloomberg Philanthropies and the Bill & Melinda Gates Foundation in 2009 showed that the volume of illicit cigarette trade in India was 14% of the total cigarette consumption.
India also found place in the list of 10 countries with the greatest cigarette illicit trade with 18 billion cigarettes in 2007.
The report 'How Eliminating the Global Illicit Cigarette Trade Would Increase
Tax Revenue and Save Lives' notes that if the global illicit trade were eliminated, governments would gain at least $31 billion, and from 2030 onwards would save over 160,000 lives a year.
Image source - Euromonitor
Under the Protocol agreed upon by the Intergovernmental Negotiating Body (INS) after lengthy discussions, countries will establish a global tracking and tracing system for tobacco products. It sets the rules for combating illicit trade through supply chain controls.A report brought out by Bloomberg Philanthropies and the Bill & Melinda Gates Foundation in 2009 showed that the volume of illicit cigarette trade in India was 14% of the total cigarette consumption.
India also found place in the list of 10 countries with the greatest cigarette illicit trade with 18 billion cigarettes in 2007.
The report 'How Eliminating the Global Illicit Cigarette Trade Would Increase
Tax Revenue and Save Lives' notes that if the global illicit trade were eliminated, governments would gain at least $31 billion, and from 2030 onwards would save over 160,000 lives a year.
Image source - Euromonitor
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