The "war on drugs" has not been won, Colombian President Juan Manuel Santos told the United Nations, exhorting the world body to add teeth to the Special Session on Drugs in 2016, proposed by Mexico and accepted by the world body. The Organization of American States was commissioned to study new approaches to combating illegal drugs. The studies were delivered in May proposing that the United Nations give them serious consideration in time for the special session on drugs.
Colombia's Constitutional Court approved the government's proposal to decriminalize the possession of small amounts of cocaine and marijuana for personal use. Anyone caught with less than 20 grams of marijuana or one gram of cocaine for personal use may receive physical or psychological treatment depending on their state of consumption, but may not be prosecuted or detained, the court ruled.
While cocaine production ravages countries in Central America, consumers in the US and Europe are helping developed economies grow rich from the profits, a study claims. The vast profits made from drug production and trafficking are overwhelmingly reaped in rich "consuming" countries – principally across Europe and in the US – rather than war-torn "producing" nations such as Colombia and Mexico. And its authors claim that financial regulators in the west are reluctant to go after western banks in pursuit of the massive amount of drug money being laundered through their systems.