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Kenya warned on pitfalls of Free Trade Zones

Imported vehicles at the Mombasa port. Mombasa is set to get a free trade zone for motor vehicles. [File, Standard]

Free Trade Zones (FTZs) can lead to the growth of illicit trade, fraud and money laundering if not well monitored, experts have warned.

According to the International Trademark Association (INTA), a global association of brand owners and professionals dedicated to supporting trademarks and related intellectual property, FTZs have also emerged as a conduit for counterfeit goods.

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