EU customs officers intercept counterfeit items worth €1.3bln in 2011July 24, 2012 - 17:05 AMT PanARMENIAN.Net - The European Union says its customs officers intercepted 115 million counterfeit items worth €1.3 billion ($1.57 billion) in 2011, including many that could be dangerous to people's health. According to AP, the EU says 73 percent of the fake products came from China. The top category of seized goods was counterfeit medicine, which accounted for 24 percent of the total, the EU says. Other fake goods included cigarettes, packing material, alcohol, soft drinks and mobile phones. EU Customer Commissioner Algirdas Semeta said in a statement Tuesday, July 24, that "customs is the EU's first line of defense against fake products which threaten the safety of our citizen and undermine legal businesses." The number of intercepted goods was 15 percent higher than the previous year. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | “By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents. The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia. Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. |