Thursday, 21 April 2011

Piracy affects economy in Mexico

The Mexican newspaper El Universal reports that the Confederation of National Chambers of Commerce, Services and Tourism (Concanaco by its Spanish acronym) urged the federal government to implement any measures necessary to control the high rates of piracy and smuggling that prevail in the country.

Through a statement, Jorge Dávila Flores, Concanaco’s president, said that "Mexico has established a shameful international leadership on piracy and smuggling, which are estimated to be worth 74 billion dollars which represents 30% of the national economy." He continues, "our industry demands that illegal, abusive and clearly unfair acts such as piracy and smuggling are punished."

This type of illegal acts is connected with organized crime. Concanaco adds that this “costs are paid by the entire country but it goes without saying that formal traders of Mexico pay one of the highest bills."

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