24th Parliamentary Intelligence-Security Forum – Illicit Trade

Mr. Campos opened the panel by explaining that Illicit trade has a major impact on economic issues, tax collection, and national security and defense issues. It is used to finance criminal structures, and terrorism mobilizes products such as cigarettes, alcoholic beverages, and medicines. It also uses other products such as clothing, food, footwear, tires, spare parts for cars, and product counterfeiting. He mentioned that every time we speak, more issues are introduced and the phenomenon of illicit trade becomes more complex. Mr. Campos pointed out that Money laundering through trade is a transaction between legal and commercial documents, where the papers are both for the competent authorities and for the banks on both sides or on the three sides. It is clean and does not generate a suspicious transaction report, and is done by mobilizing products.