The international trade in endangered species is a lucrative business, with some recent estimates putting its worth at up to $ 20 billion annually, making it one of the most profitable international crimes, behind the illegal drug trade,
the illicit arms trade, and human trafficking.
By not sanctioning the timber industry, the UN is basically standing by and allowing
the illicit arms trade to continue while the humanitarian disaster in Liberia escalates and Sierra Leone's peace is undermined».
Not exact matches
These could come from
armed groups such as the ELN, or one of the many right - wing and criminal groups involved in the
illicit drug
trade and other forms of transnational organised crime that plague the country.
Armed groups finance themselves through the
illicit conflict mineral
trade and fight over control of mines and taxation points inside Congo.
UN Security Council Resolution 1857, passed on 22 December, extends targeted sanctions to «individuals or entities supporting the illegal
armed groups in the eastern part of the Democratic Republic of the Congo through
illicit trade of natural resources».
The UN Security Council recently passed a resolution paving the way for the imposition of asset freezes and travel bans on companies that support
armed groups in eastern Congo via the
illicit mineral
trade.
The driving factor behind these troubling figures, reports the UN, lies in the burgeoning
illicit wildlife
trade, once a localized market that is increasingly grown into a highly - profitable network of organized crime — on par with the drug and
arms trade.