Business
Tobacco Industry Highly Regulated – BAT
As part of activities marking the 2013 World No Tobacco Day, the British American Tobacco Company (BAT) has issued a series of images to illustrate what it believes the world would look like if the legal tobacco industry was forced out of existence.
Kingsley Wheaton, British American Tobacco’s Group Head of Corporate and Regulatory Affairs, warned, “The reality is that people will continue to smoke. But instead of buying legal, taxed cigarettes, made by legitimate tobacco companies and sold by reputable retailers, they’ll turn to black market sources to get what they want.”
According to Wheaton, “The tobacco industry is highly regulated, sells a legal product and we have a legitimate business. We conduct our business in a professional and responsible way, abiding by the laws in all the countries we operate in, often going above and beyond our legal obligations. Unfortunately the same can’t be said for the sophisticated network of criminals ready and waiting to step-in and take over if the legitimate tobacco industry didn’t exist.”
The global black market for tobacco accounted for 660 billion (Framework Convention Alliance) cigarette sales in 2012, making it roughly equivalent in volume to the world’s third largest multinational tobacco company. It is not a victimless crime. Illegal tobacco is sold by well-organised gangs, some of whom have recognised links to terrorism.
“These people don’t abide by the law or follow government regulation, they don’t pay taxes, they don’t care what’s in their products and they happily sell to minors. If we didn’t exist to supply tobacco products legally, traffickers would fill the vacuum and this cannot be the outcome society wants,” Wheaton further said.
According to him, British American Tobacco makes a long term commitment to sustainability; strives to bring reduced harm products to market; continues to fight the illegal tobacco trade; generates excise revenue; and provides employment and enhanced livelihoods to hundreds of thousands of employees and suppliers.
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