New publication in Ekonomichna Pravda: how to minimize the shadow market in vaping

New publication in Ekonomichna Pravda: how to minimize the shadow market in vaping

New publication in Ekonomichna Pravda: how to minimize the shadow market in vaping

VARES: πŸ‡ͺπŸ‡Ί The EU shows that rules can bring the market into the open or push it into the shadows. Ukraine is now making a choice βš–οΈ

Briefly:
🚫 Strict bans and high excise taxes push business into the illegal - examples of Greece and partially Germany.
βœ… Liberal approaches (Britain) make it possible to legalize the market and reduce the harm from smoking.
πŸ‡ΊπŸ‡¦ In Ukraine today, a disproportionately high excise tax and a large share of the shadow market are risks for the budget πŸ’Έ and consumer safety ⚠️

VARES calls for stable, transparent and balanced rules: moderate taxes πŸ’°, accessible registration πŸ—‚οΈ, consumer protection πŸ›‘ β€” so as not to give the market to smugglers.

Strategy or chaos β€” the choice depends on the state. πŸ‡ΊπŸ‡¦