UNDER the supervision of the Illegal Trade Eradication Steering Committee, authorities continue to prevent and take action against illegal trade in line with the law. To this end, joint inspection teams managed by the Customs Department conducted checks and seized unregistered goods.
On 31 October, two major seizures were reported: one type of industrial item (estimated value K67.2 million) was confiscated from a container at Myanmar Industrial Port and four types of electrical goods (estimated value K69.05 million) were seized from a passenger’s luggage at Yangon International Airport, both lacking valid documentation. The total estimated value of the seized items from these two cases amounted to K136.25 million, and relevant cases were opened in line with customs procedures.
Such illegal imports can harm legitimate business owners by weakening their market competitiveness and may also cause a loss of entitled revenue for the State. Therefore, responsible officials will continue tightening inspections and preventive measures against illegal import activities, according to the Illegal Trade Eradication Steering Committee. — MNA/KZL


