[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
Murder of Somali draws ire of foreign African nationals over rising xenophobic violence.
We look at the impact of increased sanctions against the Islamic Republic and ask who it really affects.
Tupamaros enforce rough justice in Venezuela's slums to support socialism, but critics say the group are violent thugs.
More than a decade ago the US launched a war against Afghanistan, but was it a justified battle?
Featured
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
Extensive coverage of political unrest that spread from Istanbul to other areas.
Revelations over NSA spying are threatening president's European trip.
Some urbanites are returning to their rural roots to farm the land.
Kuwait's 'Bidoon' have been stripped of rights and treated as second-class citizens.
join our mailing list