[QODLink]
Americas
Smuggling remains lucrative business in Peru
Nearly 100,000 people contribute to black-market industry, generating revenues of around $1.5bn a year.
Last Modified: 14 Jun 2012 18:24

Smuggling is a major economic activity on the border between Peru and Bolivia, with goods transferred including everything from computers, to clothes, food or fuel

It is estimated that nearly 100,000 people are involved in the illegal cross-border trading, a black-market generating revenues of around $1.5bn a year.

Officials say smuggling generates unemployment because businesses, who pay taxes, cannot match the cost of smuggled goods.

But in one of Peru's poorest regions, Puno, people continue to smuggle their goods even if they risk as much as six years in prison if they are caught.

Al Jazeera's Mariana Sanchez reports from Puno.

95

Source:
Al Jazeera
Topics in this article
People
Country
City
Featured on Al Jazeera
Muslim volunteers face questioning and threat of arrest, while aid has been disrupted or blocked, charities say.
Six months on, outrage and sorrow over the mass schoolgirl abduction has disappeared - except for families in Nigeria.
ISIL combatants seeking an 'exit strategy' from Mideast conflict need positive reinforcement back home, analysts say.
European nation hit by a wave of Islamophobia as many young fighters join ISIL in Syria and Iraq.
Featured
Lack of child protection laws means abandoned and orphaned kids rely heavily on the care of strangers.
At least 25 tax collectors have been killed since 2012 in Mogadishu, a city awash in weapons and abject poverty.
Since she was 16-years-old, Scottish Nationalist Party's Sturgeon has strove for independence from the UK.
Armed group's ransom success with German hostages marks a re-emergence, as authorities investigate ISIL links.
Western nations are moving into the resource-rich country after decades of disinterest, challenging China's interests.