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China agrees to reclassify fentanyl after meeting with US at G20 summit

ANI  |  Buenos Aires [Argentina] 

has decided to reclassify 'fentanyl' as a 'controlled substance', following the meeting between and Chinese on the sidelines of summit in on Saturday.

According to a statement released by China's Foreign Ministry, has "decided to schedule the entire category of fentanyl-type substances as controlled substances, and start the process of revising relevant laws and regulations."

termed the decision a "wonderful humanitarian gesture," reported

and have also agreed to take active measures to strengthen cooperation on and narcotics control which includes reclassification and control of fentanyl-type substances, stated the press statement.

In a statement, the divulged that according to the new agreement people in involved in the selling of to the US, "will be subject to China's maximum penalty under the law."

is a drug which is 50 to 100 times more potent than morphine and 30 to 50 times more potent than heroin.

The US was keen on ending the opioid crisis in the country and this step from will help further the cause.

also stated that the US has agreed to maintain the 10 per cent tariffs on 200 billion USD worth of Chinese goods, instead of raising them to 25 per cent.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, December 03 2018. 11:00 IST