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War is good for business and organized crime: Afghanistan’s multibillion dollar opium trade

3-11-2019 < Blacklisted News 21 259 words
 

Afghanistan’s opium economy is a multibillion dollar operation which has a direct impact on the surge of  heroin addiction in the US. 


Despite president Trump’s announced US troop withdrawal, the Afghan opium trade continues to flourish. It is protected by US-NATO occupation forces on behalf of a nexus of powerful financial and criminal  interests. 


In 2004,  the proceeds of the Afghan heroin trade yielded an estimated global revenue of the order of 90 billion dollars. This estimate was based on retail sales corresponding to a total supply of the order of 340,000 kg of pure heroin (corresponding to Afghanistan’s 3400 tons of opium production) (See Michel Chossudovsky, America’s War on Terrorism, Chapter XVI, Global Research, Montreal 2005)


Today a rough estimate based on US retail prices suggests that the global heroin market is above the 500 billion dollars mark. This multibillion dollar hike is the result of a significant increase in the volume of heroin transacted Worldwide coupled with a moderate increase in retail prices.


Based on the most recent (UNODC) data (2017) opium production in Afghanistan is of the order of 9000 metric tons, which after processing and transformation is equivalent to approximately 900,000 kg. of pure heroin.


With the surge in heroin addiction since 2001, the retail price of heroin has increased. According to DEA intelligence, one gram of pure heroin was selling in December 2016 in the domestic US market for $902 per gram.


The Heroin trade is colossal: one gram of pure heroin selling at $902 is equivalent to almost a million US dollars a kilo ($902,000)


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