"In September 2012, President Barack Obama delivered a speech reaffirming the commitment of the United States to fight modern slavery, known also as trafficking in persons. The President instructed the U.S. government to step up its efforts-- to develop new innovations and use effective tools, including this annual 'Trafficking in Persons Report', to confront this crime wherever it exists. Around the world, governments are demonstrating their own commitment. In the year 2000, the United Nations adopted the Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Children (Palermo Protocol). The Palermo Protocol, anchored in core principles of the protection of freedom rather than in the regulation of the movement of people, defined the crime for the first time in a treaty and established the 'three P paradigm' of Prevention, Protection, and Prosecution to guide government action in combating trafficking in persons. Since then, more than 150 countries have become parties to the protocol, and more than 140 have criminalized sex and labor trafficking. Yet as President Obama pointed out, the work to eradicate modern slavery remains an uphill struggle. This 'Report' estimates that, based on the information governments have provided, only around 40,000 victims have been identified in the last year. In contrast, social scientists estimate that as many as 27 million men, women, and children are trafficking victims at any given time. This shows that a mere fraction of the more than 26 million men, women, and children who are estimated to suffer in modern slavery have been recognized by governments as such and are eligible to receive the protection and support they are owed."
U.S. Dept. of State: http://www.state.gov/