Illicit trade: Finance minister seeks inter-govt info sharing

Finance minister Nirmala Sitharaman has called for inter-governmental cooperation to combat smuggling and illicit trade networks. She emphasized the need to target the "brain" behind illegal trade in order to deter unlawful activities that harm the economy and citizens. Sitharaman also highlighted that the nature of smuggled goods has remained consistent, with precious metals, narcotics, and precious reserves from forests or marine life being the primary items. She stressed the importance of cooperation with the World Customs Organisation.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/qxIYED5

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