Drupa 2024 hosts global summit for authentication and traceability professionals

At the global meet held in conjunction with Drupa 2024 at Dusseldorf, the governing body team of ASPA organised an interaction for professionals from the authentication industry worldwide. This initiative will ensure greater cooperation between global companies regarding technology and service in the fight against counterfeiting.

Recognising the MEA as significant export hubs for various products, including pharmaceuticals, automotive parts, electronics, and luxury goods, ASPA acknowledges the importance of addressing counterfeiting issues before these products enter international supply chains. According to a recent report by the Organization for Economic Co-operation and Development (OECD), counterfeit goods account for up to 3.3% of global trade, with the MEA contributing to this challenge.

"Combating counterfeiting at the source is crucial to ensure the integrity of exported goods and protect global supply chains," said Manoj Kochar, president of ASPA. "By working collaboratively with stakeholders around the world, we can implement effective authentication measures, strengthen regulatory frameworks, and raise awareness among consumers, ultimately contributing to global economic growth and consumer confidence. Counterfeiting is a transnational threat that requires coordinated and collaborative efforts from stakeholders across borders."

ASPA endeavours to collaborate with stakeholders including the manufacturers, brand owners, technology providers, law enforcement agencies, and policymakers in the MEA to champion authenticity, safeguard consumer interests, and fortify legitimate businesses. The organisation's strategic focus in these regions will centre on research, advocacy, capacity building, and the advancement of best practices in authentication and traceability solutions.

Ranesh Bajaj, ASPA's MEA chapter chairperson, said, "We will remain steadfast in upholding ASPA's core values and mission, working tirelessly to promote authentication solutions and protect consumers in these regions. We aim to gather more like-minded stakeholders to join us in this collective endeavour."

The Drupa 2024 meeting saw participation from over 40 delegates from Latin America, Europe, the Middle East, Africa, and India, with media covering the event. Stakeholders and industry players connected and shared insights, showing great interest in ASPA's initiatives. Zbigniew Sagan, president of the International Tax Stamp Association (ITSA), also joined the meeting in an engaging session of the ASPA meeting at Drupa. ASPA and ITSA are also in touch, discussing an exciting potential collaboration. This interaction highlighted the event's success in fostering international cooperation and advancing the fight against counterfeiting.

ASPA aspires to foster global partnerships and leverage collective expertise in the fight against counterfeiting. The organisation remains resolute in its mission to advance secure authentication solutions, promote industry best practices, and safeguard consumer interests worldwide.