According to UNDCP's World Drug Report published in 1997, the illicit drug industry's annual turnover is estimated to be US$400bn, roughly equivalent to 8 per cent of total international trade. The profit in the drugs business depends heavily on the availability of precursors. Only opium and cannabis — which are not as costly as heroin and some other drugs — are consumed in a relatively raw form without being chemically processed. Other drugs of abuse require precursor chemicals in their manufacture. In the case of opium, for example, a farmer will be offered only US$80 for 1 kg of opium. With the availability of chemicals, this opium will be converted, in stages, into heroin. The street value of 1 kg of heroin in the United States, for instance, is US$290,000. This staggering profit is only possible if the illicit drug industry can access the chemicals they need for the conversion.
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1 January 2000
Review Article|
January 01 2000
South Asia: Precursor Control — Current and Emerging Trends Available to Purchase
Publisher: Emerald Publishing
Online ISSN: 1758-7239
Print ISSN: 1359-0790
© MCB UP Limited
2000
Journal of Financial Crime (2000) 7 (3): 271–273.
Citation
Jayasuriya D (2000), "South Asia: Precursor Control — Current and Emerging Trends". Journal of Financial Crime, Vol. 7 No. 3 pp. 271–273, doi: https://doi.org/10.1108/eb025948
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