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welcome to another episode of the explanatory video series during the covid19 outbreak there were reports on certificates used by rogue operators to sell substandard medical devices ppes masks sanitizers etc putting in danger the lives of many people worldwide a report by the oecd and the eus intellectual property office stated that trade in counterfeit and pirated goods has risen steadily in the last few years and now stands at 3.3 of global trade trends in trade in counterfeit and pirated goods puts the value of imported goods worldwide at around 500 billion us dollars the risk posed by counterfeited products is docHub as these products may be ineffective or have the potential to cause harm or even death in simple words products attempting to access the market need to prove compliance with the requirements set forth by the market authorities including the proper testing or certification to prove conformity to those requirements well as the counterfeit products cannot