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Latin America, Europe Sign Anti-Drug Agreement

DRUG POLICY / 11 MAY 2011 BY INSIGHT CRIME EN

Countries in the G8 group of industrialized nations, together with a number of countries in Latin America and Africa which are affected by the cocaine trade, agreed to use goods seized from traffickers to fund an action plan to stop transatlantic drug shipments.

"We affirm our determination to stop the transatlantic cocaine [...] that compromises economic development, undermines democratic institutions and threatens international stability," says the statement signed by 22 countries and nine international organizations that participated in the Paris summit on the drug trade.

Attendees agreed to promote intelligence sharing between European police and African nations used as transit points in the cocaine trade, including Ghana and Senegal.

According to news agency EFE, G8 members also reaffirmed their commitment to the "principle of shared responsibility" regarding drug trafficking.

As well as the G8 members, the summit was attended by representatives of  Colombia, Mexico, Brazil, Bolivia, Peru, Dominican Republic, Spain, Algeria, Morocco, Senegal, Ghana, Nigeria and South Africa.

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