Ecuador Seeks US Help Fighting $30-Billion Cocaine Trade
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Ecuador is asking the US "every day" for more help fighting a cocaine trade President Daniel Noboa estimates is worth $30 billion a year. In an interview with Bloomberg Television's Francine Lacqua in New York on Sept. 21, Noboa said Ecuador is "going after the big fish" and needs help from the US and Europe. He says about 1,200 tons of cocaine move through Ecuador each year, with roughly 80% destined for the US and Europe. But Noboa says Ecuador will remain in charge of all operations, saying the country would "never give a blank check to any country." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/Bloo
Tags: Aid, Bolivia, Colombia, Crack Cocaine, Donald Trump, Drug, Drug Dealer, Drug trafficking, Ecuador, Ecuador economy, Ecuador government, European Union, Francine Lacqua, Infrastructure Investments, Marco Rubio, Mining, National Security, Oil, Organized Crime, Pacific Ocean
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