Index Investing News
Friday, May 16, 2025
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

U.S.-China fentanyl talks have a ‘productive’ start, security advisor says

by Index Investing News
January 31, 2024
in Markets
Reading Time: 3 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


Chinese Minister of Public Security Wang Xiaohong (C) announces the launch of the U.S.-China Counternarcotics Working Group next to U.S. Deputy Assistant to the President and Deputy Homeland Security Advisor Jen Daskal (center L) at the Diaoyutai State Guesthouse in Beijing on January 30, 2024.

Ng Han Guan | Afp | Getty Images

BEIJING — The U.S. and China had a “productive” first day of talks in Beijing about the fentanyl crisis, Jennifer Daskal, a deputy homeland security advisor, told NBC News’ Janis Mackey Frayer in an exclusive interview Tuesday.

“We’re looking for results and we had a productive step forward,” Daskal said, while acknowledging the risk that China could use its sway over the fentanyl supply chain as a bargaining chip.

Fentanyl, a synthetic opioid, is an addictive drug that’s led to tens of thousands of overdose deaths each year in the U.S.

Reducing illicit supplies of the drug, precursors of which are mostly produced in China and Mexico, has become an area in which Washington and Beijing have agreed to cooperate.

It comes amid an otherwise fraught bilateral relationship.

U.S. President Joe Biden and Chinese President Xi Jinping agreed at their meeting in San Francisco in November to establish a working group on drug control.

In an official readout of Tuesday’s meeting, Wang Xiaohong, director of China’s National Narcotics Control Commission, said he hoped both sides would “inject more positive energy” into the stable development of U.S.-China relations.

Wang is also the Minister of Public Security.

The Biden administration in November removed the Ministry of Public Security’s Institute of Forensic Science of China from a blacklist known as the entity list, in effect lifting sanctions on its narcotics lab.

That removal allows China’s National Narcotics Lab to repair or buy new equipment — mostly made in the U.S. — and reduce delays in research, lab director Hua Zhendong told NBC News’ Mackey Frayer.

Greater bilateral cooperation allows the two countries to exchange information about drugs more easily, Hua said.

“Only through the information exchange could we know which substance is now a key problem in the U.S., because it’s only evolving.”

‘More needs to be done’

The two-day meeting that kicked off Tuesday was billed as the “Inauguration of the China-U.S. Counternarcotics Working Group.”

Daskal, leader of the White House delegation for this week’s high-level talks, said the diversity of representatives from both sides “showed a real commitment.”

“We will know if it works if we start seeing the supply of precursor drugs diminish, if we start seeing the supply of pill presses and other equipment diminish,” Daskal said. She pointed out that Beijing has already sent notices to Chinese companies that make precursors for fentanyl, and that incidents are being reported to the International Narcotics Control.

“There’s obviously more that needs to be done,” she said.

It’s unclear to what extent Beijing is willing, or able, to act.

Earlier this month, Yu Haibin, deputy secretary-general of the National Narcotics Control Commission, told NBC News that the “root cause” of the fentanyl crisis lies within the U.S.

“Demand needs to be reduced, as controlling demand will naturally curb supply,” Yu told NBC’s Mackey Frayer.

“I want to emphasize the global nature of drug crimes. These criminals work very closely together. Our law enforcement agencies need to collaborate even more closely than the criminals so there can be a robust response to these crimes,” Yu said.

He is also deputy director general of the Ministry of Public Security’s Narcotics Control Bureau.

Asked about the issue of U.S. fentanyl demand, Daskal said the two delegations spent most of Tuesday discussing “the fact that this is a problem of both demand and supply.”

“We talked about the need … to address the supply of the pill, process and other equipment that are used to manufacture these deadly drugs, and to often hide them and create fake pills that look like they’re other things [that] turned out to be deadly fentanyl,” Daskal said.



Source link

Tags: AdvisorFentanylproductiveSecurityStartTalksUSChina
ShareTweetShareShare
Previous Post

Alphabet Q4 2023 Earnings Update

Next Post

China’s manufacturing activity contracts for fourth month as economic recovery lags

Related Posts

Walmart can take up tariffs, fmr. U.S. CEO Simon questions worth hikes

Walmart can take up tariffs, fmr. U.S. CEO Simon questions worth hikes

by Index Investing News
May 16, 2025
0

Walmart's enterprise is robust sufficient to face up to tariff headwinds with out rising its costs, in response to the...

Gold rises as tame financial knowledge boosts likelihood for Fed fee cuts (GLD:NYSEARCA)

Gold rises as tame financial knowledge boosts likelihood for Fed fee cuts (GLD:NYSEARCA)

by Index Investing News
May 15, 2025
0

Could 15, 2025 5:43 PM ETSPDR® Gold Shares ETF (GLD), GDXIAU, SLV, SIL, SGOL, SIVR, GDXJ, PHYS, PSLV, NUGT, RING,...

Autodesk seems to be set to report greater Q1 2026 income and revenue

Autodesk seems to be set to report greater Q1 2026 income and revenue

by Index Investing News
May 16, 2025
0

Autodesk Inc. (NASDAQ: ADSK), a market chief in design software program, delivered better-than-expected quarterly leads to fiscal 2025, leveraging the...

Fed’s Powell cautions about increased long-term charges as ‘provide shocks’ present coverage challenges

Fed’s Powell cautions about increased long-term charges as ‘provide shocks’ present coverage challenges

by Index Investing News
May 15, 2025
0

Federal Reserve Chair Jerome Powell speaks on the Thomas Laubach Analysis Convention held by the Federal Reserve Board of Governors...

Hedge fund supervisor Einhorn sees upside for gold and inflation

Hedge fund supervisor Einhorn sees upside for gold and inflation

by Index Investing News
May 15, 2025
0

A sizzling streak for gold helped gas a powerful begin to the 12 months for Greenlight Capital, and hedge fund...

Next Post
China’s manufacturing activity contracts for fourth month as economic recovery lags

China’s manufacturing activity contracts for fourth month as economic recovery lags

Small & midcap funds: Sebi reviewing small, midcap MFs’ stress tests: Report

Small & midcap funds: Sebi reviewing small, midcap MFs' stress tests: Report

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED

11 of the Worst Issues to Purchase at Aldi

11 of the Worst Issues to Purchase at Aldi

June 30, 2022
Biden’s ‘Four More Years’ Sounds Like a Prison Term

Biden’s ‘Four More Years’ Sounds Like a Prison Term

April 24, 2023
Virgin Australia in talks with staff over payment dispute By Reuters

Virgin Australia in talks with staff over payment dispute By Reuters

October 23, 2023
Stocks moving big after hours: SCS, COIN, KBH

Stocks moving big after hours: SCS, COIN, KBH

March 23, 2023
Coping with ‘Axis of Authoritarians’ Requires Better U.S. Coverage Threat

Coping with ‘Axis of Authoritarians’ Requires Better U.S. Coverage Threat

August 5, 2024
Brazil’s Bolsonaro undergoes abdominal tests, will not need surgery By Reuters

Brazil’s Bolsonaro undergoes abdominal tests, will not need surgery By Reuters

February 28, 2024
Nice Lakes Dredge & Dock outlines .2B backlog driving sturdy 2025 income visibility (NASDAQ:GLDD)

Nice Lakes Dredge & Dock outlines $1.2B backlog driving sturdy 2025 income visibility (NASDAQ:GLDD)

February 18, 2025
Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar By Reuters

Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar By Reuters

May 31, 2023
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In