Beverly Hills 12/17/2009 7:10:32 AM
News / Business

Insurgents and Cocaine Pose Problems in Peru’s Remote Jungle

Finance World News Update by EQUITIES Magazine

The coming together of the Shining Path rebel group and the cocaine trade is posing huge problems for Peru.

 

The Ene and Apurimac River Valleys (VRAE) in southern Peru have become the most densely planted coca-growing belt in the world. Although some of the coca is chewed as a mild stimulant or brewed for tea, as it has been for centuries, experts say up to 90 percent of it winds up being refined into cocaine.

 

Police say most of the cocaine leaving is exported with the help from the remnants of a rebel group called the Shining Path Fighters.

 

The Shining Path came together in the early 1980s during Peru’s civil war. Called “Maoist guerillas”, the group nearly toppled the state and mostly disbanded after the capture of their leader, Abimael Guzman.

 

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