Regulatory News

Signed by 40 countries, the Protocol on the Elimination of Illicit Trade in Tobacco Products (ITP), a document from the World Health Organization, is expected to become international law later this year. However, experts believe the document will have little practical effect in Latin America, where only Brazil, Costa Rica, Ecuador, Nicaragua, Panama and Uruguay have accepted it.

"It would be fundamental for Paraguay, which now has a new government, to accept it because the country produces 60 billion cigarettes per year, but domestic consumption and legal exports reach a maximum of 7.5 billion. That is: 52 billion are smuggled," says the president of the Brazilian Institute of Competitive Ethics, Edson Vismona.

According to him, the protocol could be an additional element for Brazil to intensify the integration of safety enforcement in the fight against smuggling.

© 2007 CRE Brazil - All Rights Reserved.