BIMSTEC seek cooperation in combating money laundering, terrorism financing


Yangon, Apr 27 (IANS): Representatives of seven member countries of the BIMSTEC gathered in Myanmar for a two-day meeting to seek cooperation in combating money laundering and terrorism financing, a media report said on Thursday.

Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC) groups consists of Bangladesh, India, Myanmar, Sri Lanka, Thailand, Nepal and Bhutan.

In the discussions which began on Wednesday, the representatives touched on topics including evaluation for better cooperation in combating the financing of terrorism, the cyber threat in the financial sector of the regional group, development of human resources to fight the illicit financial flow and preventing financing of terrorism, Xinhua news agency reported.

The ninth meeting also discussed issues on cooperation between international organisations and improving the legal framework of the membership countries.

In September last year, Myanmar hosted a meeting of BIMSTEC anti-drug trafficking group, focusing on capacity building and technical assistance between the member countries.

  

Top Stories


Leave a Comment

Title: BIMSTEC seek cooperation in combating money laundering, terrorism financing



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.