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EU seizures of fake goods slump by a third

The European Union`s executive says border seizures of counterfeit imports fell by a third last year compared to 2008, as global trade slumped.



Brussels: The European Union`s executive says
border seizures of counterfeit imports fell by a third last
year compared to 2008, as global trade slumped.

China is the main source for most counterfeits of branded
items, but Egypt supplies most of the fake toys sent to Europe
and the United Arab Emirates is the main source for
counterfeit medicines and lighters.

The EU said today that some 118 million fake articles
were seized by customs authorities in 2009, more than a third
of them fake cigarettes and tobacco products. This is down
from 178 million the previous year.

The EU says even the lower number of seizures shows a
relatively high trade in counterfeits. It says fakes aren`t
just a problem for the luxury industry.

PTI

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