CIMA’s May monthly report examines the evolution of illicit trade across Latin America, highlighting corruption linked to smuggling networks, money laundering schemes involving seemingly legitimate businesses, and the growing illegal trade in pharmaceutical products. The report also reviews key regional trends, identified trafficking routes, and the most significant operational events recorded during the month.

Analysis of Colombia’s Customs Sanctions Regime bill, its relevance in addressing smuggling as a structural phenomenon, and its impact on fair competition, legal certainty, and the modernisation of foreign trade.