A warning for South American Wine exporters – Counterfeiting is rife in your primary markets

South America is producing some of the best wines export in the world . In 2014 an Argentine Malbec won the prize for being the best red wine in the world. Counterfieting is of deep concern to many South American exporters, including winemakers. Asia is a major transgressor in this regard. The statistics of counterfeiting make alarming reading. The most recent OECD estimate dates from 2007, when it says cross-border counterfeiting totalled around US$250 billion annually and almost two percent of global trade…