US: President Biden signs ban on Chinese painkillers

World Desk, Amar Ujala, Washington.

Published by: Yogesh Sahu
Updated Thursday, 16 December 2021 to 01:20 AM IST

Summary

This executive order allows US authorities to take action directly against these foreign drug manufacturers. Biden also founded the US Council on Transnational Organized Crime, which coordinates interdisciplinary action to resolve international crimes.

US President Joe Biden
– Photo: PTI

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The U.S. dealt another blow to China on Wednesday. President Joe Biden has signed an executive order imposing a number of sanctions on Chinese painkiller manufacturers. Biden took this step to protect the young generation in the country from drug addiction in the form of an epidemic.

The purpose of President Joe Biden’s new executive order linked to the ban is to control foreign drug smugglers. Secretary of State Anthony Blinken said in a statement that the move would help the United States break the global supply chain and financial network of drug traffickers.

The Treasury Department said it was banning four Chinese chemical companies and a man named Chuen Fat Yip. Describing Chuan as the world’s largest maker of anabolic steroids, he was rewarded with up to US $ 5 million for his arrest.

Chuen and his company Wuhan Yuancheng Gongchuang Technology Co Ltd operate in China and Hong Kong and use cryptocurrencies such as bitcoin for the international shipment of fentanyl, steroids and drug compounds, the Treasury Department said.

In this regard the Biden Administration official said that I think it is very easy for a lot of drugs to come from China and it is very important for us to send a signal towards it. The Treasury Department has imposed sanctions on two criminal drug trafficking groups in Mexico and one in Brazil. Chuen and all assets belonging to these groups are blocked under these restrictions.

Since April, 100,000 US citizens have died from overdose of pain killers. It is alleged that the pharmaceutical companies promoted these pain killers and made them easily available to those suffering from depression. It is also noteworthy that with the proliferation of counterfeit drugs, there is a growing habit of smuggling painkillers. These can be purchased online.

This executive order allows US authorities to take action directly against these foreign drug manufacturers. Biden also founded the US Council on Transnational Organized Crime, which coordinates interdisciplinary action to resolve international crimes.

Range

The U.S. dealt another blow to China on Wednesday. President Joe Biden has signed an executive order imposing a number of sanctions on Chinese painkiller manufacturers. Biden took this step to protect the young generation in the country from drug addiction in the form of an epidemic.

The purpose of President Joe Biden’s new executive order linked to the ban is to control foreign drug smugglers. Secretary of State Anthony Blinken said in a statement that the move would help the United States break the global supply chain and financial network of drug traffickers.

The Treasury Department said it was banning four Chinese chemical companies and a man named Chuen Fat Yip. Describing Chuan as the world’s largest maker of anabolic steroids, he was rewarded with up to US $ 5 million for his arrest.

Chuen and his company Wuhan Yuancheng Gongchuang Technology Co Ltd operate in China and Hong Kong and use cryptocurrencies such as bitcoin for the international shipment of fentanyl, steroids and drug compounds, the Treasury Department said.

In this regard the Biden Administration official said that I think it is very easy for a lot of drugs to come from China and it is very important for us to send a signal towards it. The Treasury Department has imposed sanctions on two criminal drug trafficking groups in Mexico and one in Brazil. Chuen and all assets belonging to these groups are blocked under these restrictions.

Since April, 100,000 US citizens have died from overdose of pain killers. It is alleged that the pharmaceutical companies promoted these pain killers and made them easily available to those suffering from depression. It is also noteworthy that with the proliferation of counterfeit drugs, there is a growing habit of smuggling painkillers. These can be purchased online.

This executive order allows US authorities to take action directly against these foreign drug manufacturers. Biden also founded the US Council on Transnational Organized Crime, which coordinates interdisciplinary action to resolve international crimes.

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