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

AI firms face growing list of lawsuits. Here’s what to watch
Earthquake shakes Kazakhstan's biggest city
US conspiracy theorists monetise ‘Disease X’ misinformation
Hungarian PM Orban to meet Trump on March 8 in Florida
Four futuristic concepts unveiled at Mobile World Congress 2024
One viral video got�this�job seeker hundreds of interview requests
Some doorbell cameras sold on Amazon and other online sites have major security flaws, report says
Thai Supreme Court clears ex-PM Yingluck in negligence case - lawyer
US man uses hidden camera in wall outlet to exploit children, troopers say
SpaceX launches eighth long-duration crew for International Space Station orbit

Others Also Read