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What did we discover in Dubai?

The “one-off” APLF Dubai fair is over, and it has thrown up many new questions. Where is the best future home for an international leather industry trade fair? Will we be in Hong Kong in 2023, Dubai or both? There are pros and cons for each, writes ILM Content Director Martin Ricker.


OECD reports US$464 billion in world trade of counterfeits

The Organisation for Economic Co-operation and Development (OECD), an intergovernmental economic organisation with 38 member countries, has released “Global Trade in Fakes: A Worrying Trend”, a report which quantifies the magnitude, value, scope and trends of global trade in counterfeit and pirated goods, also known as fakes. The report was published June 22 and estimates that the volume of international trade in counterfeit and pirated products amounted to as much as US$464 billion in 2019, or 2.5% of world trade.