Sarkozy floats UN-backed fund vs drugs tradeMonday, May 09, 2011
PARIS (AP) — French President Nicolas Sarkozy has proposed the creation of an international fund run by the United Nations to help fight the illegal drug trade — financed by money confiscated from traffickers.
The French leader has made the proposal while hosting government ministers in Paris for a two-day conference on fighting the cocaine trade, as part of France's presidency of the Group of Eight countries.
In a speech today, Sarkozy said the fund's aim would be to reinforce the ability of the "weakest states" to battle drug trafficking.
G-8 envoys were joined by officials from Latin America, the Caribbean, Africa and Europe, and international groups like Interpol, the International Monetary Fund, plus regional bodies. The conference ends tomorrow.