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June 05, 2007
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Tuesday
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Jamadi-ul-Awwal 19, 1428
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Pirated goods
PARIS, June 4: The value of global counterfeited goods traded in 2005 was at least $200 billion and could be several hundred billion dollars more, the Paris-based OECD estimated on Monday.
The multilateral economics body, which has 30 member countries, released details of an 18-month probe into counterfeiting and piracy worldwide that aimed to shed light on the shadowy business of bootlegs and fakes.—AFP
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