IBOV 166,506.98 ▲ 0.19% IPC MEX 71,087.56 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL5.48▼ 0.47% USD/MXN18.62▼ 0.70% USD/CLP977.91▼ 0.07% USD/COP3,241▲ 0.42% USD/PEN3.43▼ 0.47% USD/ARS1,545▼ 0.03% USD/UYU40.31▲ 3.48% USD/PYG6,358▲ 8.23% USD/BOB11.81▲ 0.40% USD/DOP60.59▲ 0.48% USD/CRC448.27▲ 1.89% USD/GTQ7.64▲ 3.24% USD/HNL26.88▲ 3.25% USD/NIO36.62▲ 2.77% USD/VES893.88▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 2.90% USD/TTD6.72▲ 2.39% EUR/BRL6.12▼ 0.08% BRENT 98.16 ▼ 0.13% WTI 90.68 ▲ 0.18% IRON ORE 161.91 — — COPPER 6.25 — 0.00% GOLD 4,046 ▼ 1.65% SILVER 51.57 ▼ 1.28% SOY 1,190 ▲ 0.74% CORN 440.25 ▲ 0.06% WHEAT 588.50 ▼ 1.79% COFFEE 277.15 — 0.00% SUGAR 18.29 ▼ 1.45% ORANGE JUICE 136.75 ▲ 6.46% COTTON 78.34 ▼ 0.47% COCOA 5,320 ▲ 2.68% BEEF 214.48 ▼ 1.62% CATTLE 325.08 ▼ 2.09% LITHIUM 60.29 ▲ 0.17% PETR4 45.52 ▼ 0.94% VALE3 62.45 ▼ 0.35% ITUB4 40.17 ▲ 0.50% BBDC4 14.10 ▲ 2.40% ABEV3 15.55 ▲ 0.45% BBAS3 16.79 ▲ 1.82% B3SA3 14.39 ▲ 0.21% WEGE3 47.70 ▼ 1.24% PRIO3 61.17 ▼ 0.60% SUZB3 51.48 ▼ 1.55% RENT3 29.71 ▲ 2.20% AZZA3 14.54 ▲ 3.41% CSAN3 2.72 ▲ 8.80% RAIZ4 27.30 ▼ 0.98% PCAR3 2.47 ▲ 3.35% GMAT3 3.86 ▲ 4.04% PSSA3 43.86 ▲ 0.34% CVCB3 0.85 ▲ 3.66% POSI3 3.12 ▲ 0.32% SLCE3 16.29 ▼ 0.37% NATU3 5.36 ▲ 0.19% BRKM5 3.09 ▲ 1.98% RANI3 8.54 ▲ 0.95% CSNA3 4.06 ▲ 0.25% IBOV 166,506.98 ▲ 0.19% IPC MEX 71,087.56 ▲ 0.38% MERVAL 2,848,945 — — USD/BRL 5.50 ▼ 0.00% USD/MXN 18.66 ▼ 0.51% USD/CLP 982.50 ▲ 0.40% USD/COP 3,244 ▲ 0.50% USD/PEN 3.43 ▼ 0.42% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.31 ▲ 3.48% USD/PYG 6,358 ▲ 8.23% USD/BOB 11.81 ▲ 0.40% USD/DOP 60.59 ▲ 0.48% USD/CRC 448.27 ▲ 1.89% USD/GTQ 7.64 ▲ 3.24% USD/HNL 26.88 ▲ 3.25% USD/NIO 36.62 ▲ 2.77% USD/VES 893.88 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.90% USD/TTD 6.72 ▲ 2.39% EUR/BRL 6.14 ▲ 0.19% BRENT 98.16 ▼ 0.13% WTI 90.68 ▲ 0.18% IRON ORE 161.91 — — COPPER 6.25 — 0.00% GOLD 4,046 ▼ 1.65% SILVER 51.57 ▼ 1.28% SOY 1,190 ▲ 0.74% CORN 440.25 ▲ 0.06% WHEAT 588.50 ▼ 1.79% COFFEE 277.15 — 0.00% SUGAR 18.29 ▼ 1.45% ORANGE JUICE 136.75 ▲ 6.46% COTTON 78.34 ▼ 0.47% COCOA 5,320 ▲ 2.68% BEEF 214.48 ▼ 1.62% CATTLE 325.08 ▼ 2.09% LITHIUM 60.29 ▲ 0.17% PETR4 45.52 ▼ 0.94% VALE3 62.45 ▼ 0.35% ITUB4 40.17 ▲ 0.50% BBDC4 14.10 ▲ 2.40% ABEV3 15.55 ▲ 0.45% BBAS3 16.79 ▲ 1.82% B3SA3 14.39 ▲ 0.21% WEGE3 47.70 ▼ 1.24% PRIO3 61.17 ▼ 0.60% SUZB3 51.48 ▼ 1.55% RENT3 29.71 ▲ 2.20% AZZA3 14.54 ▲ 3.41% CSAN3 2.72 ▲ 8.80% RAIZ4 27.30 ▼ 0.98% PCAR3 2.47 ▲ 3.35% GMAT3 3.86 ▲ 4.04% PSSA3 43.86 ▲ 0.34% CVCB3 0.85 ▲ 3.66% POSI3 3.12 ▲ 0.32% SLCE3 16.29 ▼ 0.37% NATU3 5.36 ▲ 0.19% BRKM5 3.09 ▲ 1.98% RANI3 8.54 ▲ 0.95% CSNA3 4.06 ▲ 0.25%
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Friday, November 6, 2026

Latin America Bolivia

Colombia Leads Tri-Nation Effort to Legitimize Coca Leaf at UN

By · March 15, 2025 · 2 min read

Colombia, Mexico, and Bolivia have united in a bold diplomatic effort to remove the coca leaf from the United Nations’ list of prohibited substances.

This trilateral initiative aims to unlock significant economic potential while honoring indigenous traditions that date back thousands of years. The World Health Organization has begun a critical review of the coca leaf’s status, expected to conclude by late 2024.

This review could potentially lead the UN Commission on Narcotic Drugs to recommend reducing coca’s classification or even complete decriminalization when they vote in March 2025.

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Bolivia’s President Luis Arce described the current prohibition as a “grave historical error” that needs correction. His government successfully secured an exemption in 2013 for traditional coca leaf chewing after temporarily withdrawing from the 1961 UN Single Convention on Narcotic Drugs.

Colombian Justice Minister Ángela María Buitrago confirmed the three-nation alliance will coordinate efforts to challenge the decades-old ban. Colombia recently halted forced eradication of coca crops under President Gustavo Petro, focusing instead on drug seizures and alternative development.

Colombia Leads Tri-Nation Effort to Legitimize Coca Leaf at UN
Colombia Leads Tri-Nation Effort to Legitimize Coca Leaf at UN.
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Economic Potential of Legal Coca Industrialization

The economic stakes remain substantial. Legal coca industrialization could generate stable income for farmers while creating legitimate products across multiple sectors. Studies reveal coca’s applications extend to nutrition, medicine, cosmetics, beverages, and agricultural inputs.

Several Colombian enterprises already produce coca-based teas, foods, topical gels, essential oils, and fertilizers. These businesses operate in a regulatory gray area but demonstrate coca’s commercial viability beyond illicit markets.

The initiative faces significant opposition. Only 15 countries objected when Bolivia secured its exemption for traditional use, but changing coca’s international legal status requires broader support.

Critics point to soaring cocaine production, which reached a record 2,664 tons in Colombia last year, representing a 53% increase. Coca cultivation expanded by 10% to 253,000 hectares during the same period.

Proponents emphasize that legal coca markets would create legitimate alternative supply chains and improve relations between coca growers and governments. They argue coca industrialization offers a path toward sustainable development in regions historically dominated by illicit economics.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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