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OAS and Paraguay Sign Confiscated Assets Agreement

  September 18, 2014

OAS and Paraguay Sign Confiscated Assets Agreement
Photo: OAS

A Memorandum of Understanding that the Organization of American States (OAS) signed today with the government of Paraguay will strengthen the management of drug trafficking-related assets confiscated in the South American country. The signing took place during a ceremony, held on the margins of the 46th Special Session of the OAS General Assembly in Guatemala City.

In remarks after signing the document, OAS Secretary General José Miguel Insulza said the agreement "is the beginning of a journey that will not be easy, but with the commitment of Paraguay and its institutions and the commitment of the Inter-American Drug Abuse Control Commission (CICAD), useful tools to combat money laundering will be consolidated." The OAS chief further commented on "the need to strengthen our institutions and the rule of law and, therefore, tools like this, which govern important issues such as assets control."

For his part, the Minister-Executive Secretary for the National Anti-Drugs Secretariat in the Office of the President of Paraguay, Luis Alberto Rojas Ramírez, remarked that his country "is now undergoing an important transition towards our regional responsibility as a country, and we are committed to honoring our agreements."

Others on hand for the signing ceremony included OAS Assistant Secretary General Albert Ramdin; Chair of the OAS Permanent Council and Permanent Representative of Saint Lucia to the OAS, Ambassador Sonia Johnny; Executive Secretary of CICAD, Paul Simons; and representatives of several member states, among them the representative of Paraguay, Ambassador Elisa Ruiz.

For more information, please visit the OAS Website at www.oas.org.

Reference: FNE-15843