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Imperial Tobacco Limited (ITL) 2010

Summary: The 27 September 2010 the European Commission announced a multi-year agreement with Imperial Tobacco Limited (ITL) to work together in tackling the illicit trade in tobacco products. Under the legally binding agreement, ITL will work with the European Commission, its anti-fraud office OLAF, and Member States’ law enforcement authorities to help in the fight against contraband and counterfeit cigarettes. The Agreement includes substantial payments by ITL to the Commission and Member States, totalling USD 300 million (EUR 207 million1) over the next 20 years. It should make a significant contribution to the EU’s efforts to fight the illicit tobacco trade, which robs the EU and Member States of billions of euros every year.