PARIS, 23 February 2004 — The Financial Action Task Force (FATF) has invited Saudi Arabia, Pakistan and the United Arab Emirates, as well as ten other Middle East and Asian countries, to meet here on Feb. 24-27 to find ways of better combating terror financing, a spokesman at OECD headquarters in Paris has announced.
The meeting — which will include Algeria, Bahrain, China, Egypt, India, Indonesia, Kuwait, Malaysia, Morocco, the Philippines — is a follow-up to the Dubai meeting of the G-7 special session on terrorist activities last September.
According to the spokesman, the seminar is technically being held to “foster an open dialogue with non-member countries in combating the financing of terrorism.”
An FATF plenary session which will open the following day is to be held “to assess and update the progress made by non-cooperative countries and territories in the fight against money laundering.”
