Yellen heads to Mexico to boost cooperation on fentanyl, supply chains


  • World
  • Tuesday, 05 Dec 2023

FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during an interview in New York City, U.S., September 18, 2023. REUTERS/Shannon Stapleton/File Photo

WASHINGTON (Reuters) - U.S. Treasury Secretary Janet Yellen will travel to Mexico City this week to promote cooperation with Mexican counterparts on combating illicit finance and the trafficking of fentanyl, along with strengthening Mexico's role in U.S. supply chains, Treasury officials said on Monday.

Yellen's Dec. 5-7 trip will include meetings with Mexican President Andres Manuel Lopez Obrador, and the country's central bank governor and finance minister, among others, Treasury said in a statement.

The trip follows Treasury's announcement on Monday of a counter-fentanyl "strike force" that will bring together the department's resources, including the Office of Terrorism and Financial Intelligence and the Internal Revenue Service's Criminal Investigation unit, to disrupt illicit drug trafficking.

U.S. President Joe Biden and Chinese President Xi Jinping last month agreed to deepen cooperation to stem the flow of fentanyl precursor chemicals, which are often mixed by Mexican drug gangs before distribution in the U.S.

(Reporting by David Lawder in Washington; Editing by Matthew Lewis)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

U.S. dollar ticks up
Chinese vice premier calls for strengthening early warnings for all at COP29
10 killed in north Nigeria road accident: police
Jury finds US defense contractor liable in torture at Abu Ghraib prison
Several injured in Prague bus-tram collision: police
Canadian gov't intervenes to end work stoppages at major ports
Guinean opposition and civil society call for junta's departure by Jan. 1
Chinese mining enterprises in Zambia launch association to boost sector contributions
Italian Sea Group says it is not liable in Mike Lynch yacht sinking
Threats, violence against aid workers hinder delivery of services in South Sudan: UN

Others Also Read