Imperial signs new anti-illicit trade agreement with Slovak government

| December 31, 2012

A new agreement has been signed with the government of Slovakia to strengthen Imperial Tobacco’s continuing joint efforts to tackle illicit trade, the company says.

‘The Memorandum of Understanding with the Financial Directorate of Slovakia builds on existing co-operation and a previous agreement dating back to 2002,’ Imperial said in a note posted on its website.

‘It also reflects the conditions for mutual co-operation set out in the agreement signed between Imperial and the European Anti-Fraud Office (OLAF).

“We recognise the importance of working together in the fight against contraband and counterfeit tobacco products,” said Frantisek Imrecze, the president of the directorate.

“The illegal trade in tobacco cause financial losses for government and also harms the interests of legitimate businesses.”

Meanwhile, Robert Beres, Imperial’s market manager forSlovakia, said mutual co-operation could significantly contribute to the success in defeating the illicit trade in tobacco products.

“The Codentify pilot project running jointly with the Slovak government demonstrates our efforts in finding new ways to combat illicit trade and tax evasion,” he said.

Category: Breaking News

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