Colombia has signed a 300 million US dollar agreement with the United Nations (UN) aimed at reducing the production of cocaine. Speaking in Vienna, the head of the UN's Office on Drugs and Crime (UNODC) , Yury Fedotov said, this historic agreement is a unique opportunity to turn the tide against Colombia's coca cultivation and help farmers embrace alternative development. <br/><br/>This initiative will provide compensation to farmers if they revert to producing safer crops, such as coffee and cacao. Colombia is ranked as one of the main drug-growing nations in the world by the UNODC.