ISSUES OF COUNTERING THE FINANCING OF TERRORISM ARE BEING DISCUSSED IN ASHGABAT
On November 25, 2019, the 31st plenary meeting of the Eurasian Group on Combating Money Laundering and the Financing of Terrorism (EAG) opened in Ashgabat. The EAG is designed to help reduce the threat of international terrorism by ensuring transparency, reliability and security of the financial systems of states.
The Plenary meeting was attended by the delegations of EAG member states, namely, the Republic of Belarus, the Republic of India, the Republic of Kazakhstan, the People’s Republic of China, the Kyrgyz Republic, the Russian Federation, the Republic of Tajikistan, Turkmenistan and the Republic of Uzbekistan, as well as representatives of several international organizations.
Within the framework of the 31st meeting, meetings of the Working Group on Mutual Assessment and Legal Issues, as well as technical assistance groups were held. Priorities for the fight against terrorism and its financing in matters related to the practical activities of the EAG member states in the field countering the financing of terrorism were considered and identified.
The parties heard reports on mutual assessments of the Republic of Belarus and a report on the progress of the Kyrgyz Republic as part of enhanced monitoring. The discussion also focused on introducing changes to the EAG personnel and financial documents. The session also plans to hold sessions of the Working Group on Typologies, Combating Crime and the Financing of Terrorism.
The participants of the meeting, which will end on November 29, will consider ways and mechanisms of consolidating efforts to counter the financing of terrorism, will exchange best practices in automating activities in this area, and will determine the topics for the next joint events using video conferencing.