News & Issues
25 November 2021
WSA launches its very first economic footprint brochure
COUNTERING ILLICIT ALCOHOL TRADE WORLDWIDE
26% of alcohol consumption is illicit, with serious consequences for consumers – including health risks stemming from the consumption of unsafe products, governments – with an estimated loss in fiscal revenues of at least US $8.9 billion per year – and for legitimate businesses. The World Spirits Alliance’s roadmap on illicit alcohol examines the issue of illicit trade in alcohol, its root causes and potential solution. It also contains case studies, information about the impact of the COVID crisis & alcohol restrictions on illicit trade in alcohol, a perspective on the role of the WTO in the fight against illicit trade, and information on the role that public-private partnerships can play.
MODERNISING GLOBAL TRADE
The World Spirits Alliance stands as a firm supporter of the multilateral trading system. Our core priorities have remained consistent: enhanced market access, improved certainty of legal protection for spirits with geographical indications, and the elimination of non-tariff barriers and other procedural/regulatory obstacles to the international trade in distilled spirits
Yet, as the future of the World Trade Organisation is in jeopardy, we applaud the commitments made by its members to go through a reform process. It is time to change and make the organisation fit for the new global trade.