EU presses China over fake goods
By BBC News
01 September 2010
The EU has urged China to step up the fight against black market exports, saying counterfeit cigarettes alone are depriving the EU of 10bn euros (£8bn) in tax revenue annually.
The EU Commissioner for Taxation and Customs, Algirdas Semeta, is in Shanghai to discuss customs co-operation with Chinese officials.
He described China as "the main source of counterfeit cigarettes in the EU".
Most fake or pirated goods seized in the EU last year were Chinese.
The European Commission says goods from China accounted for 64% of the seizures. Besides cigarettes, the main items were fake labels, clothing and accessories, shoes, toys and blank CDs and DVDs.
According to Mr Semeta, the 10bn euros in lost revenue from cigarettes "impacts significantly on legitimate business interests".
China is the EU's second biggest trading partner after the US and EU-China trade totalled some 300bn euros last year.
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