The EU–ASEAN Business Council calls for stronger measures to curb illicit trade, warning that illegal commerce continues to affect businesses and supply chains across the region. In its outreach, the council highlights the need for greater enforcement cooperation, including tighter monitoring and more effective cross-border coordination to identify and disrupt illicit activities. The council also points to the strategic role of India in regional trade and policy engagement, arguing that India’s participation can help strengthen collective efforts. The reports indicate that the council’s focus extends beyond enforcement alone, emphasizing coordination among public agencies and the private sector to improve compliance and reduce opportunities for smuggling and other forms of unlawful trade. While details of specific proposals are not provided in the excerpts, both sources present the council’s core message as a call for enhanced action at regional and cross-border levels. Overall, the council frames illicit trade as a shared challenge for the EU and ASEAN countries, requiring joint efforts to protect legitimate trade and markets.
EU-ASEAN Business Council urges stronger action against illicit trade, citing India’s role
The EU–ASEAN Business Council calls for stronger measures to curb illicit trade, warning that illegal commerce continues to affect businesses and supply chains across the region. In its outreach, the...
2 sources
3 hours ago
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Key Points
- The EU–ASEAN Business Council calls for stronger action to address illicit trade.
- The council highlights cross-border coordination and enforcement as key to reducing illegal commerce.
- The reports say illicit trade continues to affect businesses and regional supply chains.
- India is cited as having a strategic role in strengthening collective efforts.
- The council’s message includes cooperation involving both public authorities and the private sector.
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EU-ASEAN Business Council Calls for Stronger Action on Illicit Trade, Highlights India’s Strategic Role
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