Largest Cocaine Find in Paraguayan History

Drug trade - Largest Cocaine Find in Paraguayan History

Paraguayan security forces have secured the largest amount of Cocaine in the history of the South American country. Over four tonnes of illicit substance were discovered in sugar sacks in a container at the port of the capital Asunción, according to the drug enforcement agency, on a Tuesday (local time). The shipment was reportedly destined for Antwerp, Belgium. The seized cocaine was estimated to have a value of around 220 million Euros in Europe, as per the Paraguayan authorities.

Besides the US, Europe is the largest market for Cocaine from South American production countries Colombia, Peru and Bolivia. In the previous year, over 300 tonnes of Cocaine were seized in European ports. Alone in Antwerp, investigators secured a record 121 tonnes of Cocaine - about ten percent more than the previous year.

Currently, according to the German Customs Office, the smuggling is shifting from North America to Europe, presumably due to the higher prices that can be achieved there. The typical route from Colombia via Middle America to the US or via Ecuador to Europe is being increasingly surpassed in importance by the route via Paraguay, Argentina or Brazil to Europe, according to the latest assessment by the United Nations Office on Drugs and Crime.

1. The discovery of the enormous Cocaine fund in Asuncion raised concerns about the escalating drug trading in Paraguay.
2. The Police in Belgium and their European counterparts are closely monitoring the smuggling routes from South America, especially the one leading to Antwerp.
3. The seizure of the Cocaine fund in Asuncion could potentially disrupt the supply chain of drugs in Europe, according to the Justice Department.
4. Criminal organizations operating in Colombia are known to have substantial financial investments in the Cocaine fund, fueling corruption and violence in the region.
5. Asuncion, being a key transit point for drugs, has become a target for security forces in Europe and the United States of America in their fight against global Criminality.
6. Paraguayan authorities have promised to strengthen cooperation with Belgian and European security forces to combat the growing problem of drug trafficking.
7. The United States of America has expressed its concern over the increasing amount of Cocaine entering Europe, calling for a united global approach to combat this issue.

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