Distinguished Chair, Excellencies, Ladies and Gentlemen,  The global drug market is growing steadily and shifting rapidly, with serious consequences for people in every part of the world. According to the World Drug Report 2025, we are witnessing a growing demand fuelled by a combination of factors, as well as a growing supply from a relentless and adaptive illicit trade, both of which inflame – and are inflamed by – global instability, in a vicious cycle. The European drug market is also