tering Western Europe; despite a
strengthening of legislation, the country remains vulnerable to
money laundering related to narcotics, automobiles, alcohol and
tobacco

Belize
major transshipment point for cocaine; small-scale illicit
producer of cannabis for the international drug trade;
money-laundering activity related to narcotics trafficking and
offshore sector

Benin
transshipment point for narcotics associated with Nigerian
trafficking organizations and most commonly destined for Western
Europe and the US; vulnerable to money laundering due to a poorly
regulated financial infrastructure

Bolivia
world's third-largest cultivator of coca (after Colombia and
Peru) with an estimated 28,450 hectares under cultivation in June
2003, a 23% increase from June 2002; intermediate coca products and
cocaine exported mostly to or through Brazil, Argentina, and Chile
to European and US drug markets; eradication and alternative crop
programs under the MESA administration have been unable to keep pace
with farmers' attempts to increase cultivation; money-laundering
activity related to narcotics trade, especially along the borders
with Brazil and Paraguay

Bosnia and Herzegovina
minor transit point for marijuana and opiate
trafficking routes to Western Europe; remains highly vulnerable to
money laundering activity given a primarily cash-based and
unregulated economy, weak law enforcement and instances of corruption

Brazil
illicit producer of cannabis; minor coca cultivation in the
Amazon region, used for domestic consumption; government has a
large-scale eradication program to control cannabis; important
transshipment country for Bolivian, Colombian and Peruvian cocaine
headed for Europe and the US; also used by traffickers as a way
station for narcotics air transshipments between Peru and Colombia;
upsurge in drug-related violence and weapons smuggling; important
market for Colombian, Bolivian, and Peruvian cocaine; illicit
narcotics proceeds earned in Brazil are often laundered through the
financial system; significant illicit financial activity in the
Tri-Border Area

British Virgin Islands
transshipment point for South American
narcotics destined for the US and Europe; large offshore financial
center makes it vulnerable to money laundering

Brunei
drug trafficking and illegally importing controlled
substances are serious offenses