Low marks for Cambodia’s efforts to combat illicit trade

[geovalin]

Kali Kotoski and Hor Kimsay

 

Cambodia ranked third-worst for illicit trade out of 17 countries in the Asia-Pacific region in a recently released index by the Economist Intelligence Unit (EIU) that analysed governments’ abilities to combat illegal trade operations.

 

The report, commissioned by the European Chamber of Commerce of Singapore, reviewed countries under four categories: intellectual property rights, transparency and trade, customs environment and supply and demand.

 

Cambodia was given an overall score of 23.9 on a weighted scale of 100, while Laos scored 12.9 and Myanmar came last with 10.8. At the other end, Australia had a top score of 85.2.

 

read more http://www.phnompenhpost.com/business/low-marks-cambodias-efforts-combat-illicit-trade

[Grubster]

As long as it pays more to make counterfeit goods than it does to work in the western owned sweat shops, I don't blame them one bit. Try paying a living wage and see what happens. That would effect wall streets bottom lines though wouldn't it.