Colombia hosts talks on US drug strikes, EU cocaine crisis

Breakdown

• Coordinated drug raids across nearly 50 sites in seven European countries resulted in dozens of arrests and millions of euros worth of cocaine seized.
• Despite these efforts, the European cocaine market remains oversaturated, with wholesale prices dropping from 40,000 to as low as 12,000-14,000 euros per kilogram. 21s
• Cocaine is trafficked from Colombia, Peru, and Bolivia, transiting through Latin American and West African countries before entering Europe via major ports. 52s
• Traffickers are diversifying methods and shifting shipments to smaller ports, leading to increased seizures in places like France and more use of high-seas transshipment. 1m 21s
• European law enforcement agencies are seeking greater operational collaboration with Latin American counterparts to address the ongoing cocaine trafficking challenge. 2m 6s