THE OISTE FOUNDATION HAS SIGNED THE ANTI-ILLICIT DECLARATION LAUNCHED AT THE 2019 ZERMATT SUMMIT
Curbing Illicit Trade and Counterfeiting
In fulfillment of its by-laws, the OISTE Foundation focuses in phenomena that endanger trust in commercial transactions.
Illicit trade and counterfeiting erode trust and result in economic degradation. Counterfeiting a product, usurping a brand, selling goods that do not respect the legal standards of intellectual property, that do not comply with technical norms, that are not fiscally compliant, that harm the environment; all these are ways of defrauding public confidence in trade as a means of development and economic growth. Illicit trade and counterfeiting weaken the rule of law and foster organized crime in all its forms. For this reason, law enforcing authorities have the duty of fighting illicit trade and counterfeiting. But this is a commitment that has to involve all economic actors.
Raising to the challenge of using a cross-sectoral approach, the OISTE Foundation joined the fight to curb illicit trade and counterfeiting by launching the Anti-Illicit Trade Declaration at the Zermatt Summit of 2019.
The OISTE Foundation was born in Switzerland in 1998 having as its main asset a cryptographic root or public key infrastructure (PKI) whose function is to provide services as a trusted third party in exchanges of goods and information on the Internet. For this, the trusted third party digitally certifies a communication, a transaction or an object, validating its authenticity with a degree of security that makes it acceptable for legal purposes. The public key infrastructure guarantees the confidentiality and integrity of the data; authentication and non-repudiation in exchanges. The public key infrastructure is at the base a mathematical tool that allows an exchange of information “protected” by the encoding of the information. It is the mechanism used to digitally sign a document, giving it the same value as a notarized signature.
Anti-Illicit Trade Declaration Signed Zermatt
The Anti-Illicit Trade Declaration
Calling on the International Community to address all Forms of Illicit Trade
At the Zermatt Summit, delegates from 46 different countries launched The Anti-Illicit Trade Declaration, calling on the International Community to address all forms of Illicit Trade. This declaration outlines the steps that need to be taken to stop Illicit Trade, which governments and private sector signatories agree needs to be treated as a serious crime.
Therefore, Illicit Trade has become a major contributor to discrepancies in wealth between the developing and developed world, while fuelling devastating conflicts and undermining the legitimacy of States. In effect, Illicit Trade is the conduit that supports destabilizing and dangerous activities in nearly every sphere of the global economy.
As a result
- new forms of Illicit Trade have appeared and will continue to develop making the fight against Illicit Trade more complex and transnational than ever.
- Illicit Trade hinders the fundamental building blocks of development, democracy, human rights and rule of law. It enables corrupt practices among government officials and private citizens alike.
- each year, an increasing number of goods and brands are affected by Illicit Trade across all industries.
- Address problems of corruption and money laundering related to Illicit Trade with legislation – a zero tolerance policy,
- Strengthen legal frameworks and help law enforcement,
- Improve cross-agency mechanisms to contrast Illicit Trade crime,
- Endorse governments which are destroying Illicit Trade products,
- Pressure governments as well as any other entities which use or facilitate the usage of products derived from Illicit Trade,
- Drive criminal entrepreneurs out of business,
- Reduce incentives to enter illegal markets,
- Reduce opportunities for organized crime to enter the financial system,
- Help governments sustain legitimate markets and foster UN sustainable Goals (UN SDGs).
Illicit trade has a negative impact on economic stability, social welfare, public health, public safety & our environment – examples include:
- Health & Safety – narcotics, fake medicines & foods, tobacco, defective materials.
- Environment – environmental crimes affecting flora and fauna.
- Human Rights Exploitation – forced human trafficking, prostitution and slavery.
- Finance – illicit financial flows, trade-based money laundering criminality and terrorism.
- Government – reduction of tax revenues & legitimate employment, social instability and insecurity.
- Economy – wealth and rule of law.
2. We support the development of innovative technological solutions to ensure the protection and traceability of products and services with a view to stop Illicit Trade in all of its forms.
3. We will assist with the establishment of the next generation of tracking and tracing systems based on interoperable open and recognized international standards consistent with applicable laws.
4. that will enable tighter controls in securing supply chains and preventing the circulation of Illicit Trade products and services.
5. We will support the creation of a cryptographic key (Root of Trust) to provide dual factor authentication keys using asymmetric technology to digitally tag products and protect them against Illicit Trade.
6. We will work with each other and will establish formal and informal partnerships with governments, innovators, security experts, civil society, academia, private actors and other stakeholders to foster technical collaboration to counter Illicit Trade.
7. We will study the strengths, weaknesses and interlinkages in the way that our multi-jurisdictional world economy influences the advancement of a coherent system for trusted identities required to secure international trade, ecommerce platforms and IoT.
8. We will encourage global information sharing to identify, prevent, and detect Illicit Trade and ensure flexible responses to secure of the wider global trade ecosystem.
9. To ensure the establishment of a meaningful partnership through the implementation of the Anti-Illicit Trade Declaration, we, the undersigned companies, will continue to define collaborative activities that we will undertake to further this Declaration. We will also report publicly on our progress in achieving these goals.