Iranian delegation departs Tehran to attend EAG summit in Russia
An Iranian delegation on Sunday departed for Russia to participate in the 42nd meeting of the Eurasian Group (EAG) on Combating Money Laundering and the Financing of Terrorism.
Led by Deputy Minister of Economy and Head of the Financial Intelligence Unit, Hadi Khani, the delegation left Tehran for Russia to participate in the international gathering, which is slated to be held from May 26 to 30 and will bring together regional and international experts to enhance cooperation on financial security.
Holding the 4th meeting of parliaments of the Eurasian Economic Union (EAEU) member countries, a joint meeting of supervisory and private sector’s authorities entitled “Middle East North Africa Financial Action Task Force (MENAFATF) under the theme of “Risk Management in Age of New Technologies”, a specialized meeting on “Current Issues of Financial Security Coverage in the Eurasian Region”, as well as a meeting of the Caspian Sea Neighboring Countries Working Group are among the most important programs of the EAG meeting.
“Increasing the level of regional and international interactions in the field of combating money laundering and terrorist financing, enhancing our country’s position among the countries in the region and members of this institution, being aware of the latest measures and developments in the field of combating money laundering and terrorist financing at the global level, and defending our country’s effective positions and actions in combating money laundering and terrorist financing, are among the objectives of this trip,” Khani said.
“At the main meeting and working groups, our country’s actions and achievements in the fight against money laundering and terrorist financing will be reported, and our country’s determination in this fight will be shown to all.”
Referring to the expansion of Iran’s regional and international cooperation with member countries of the summit, Khani said, “The Iranian delegation will participate in the meeting of the Council of Heads of Financial Intelligence Units of Central Asian countries, as well as the working group of Caspian Sea littoral states, and will consult on the exchange of experiences.”
Pointing to the fourth forum of parliamentary representatives from Eurasian Economic Union member states held at this summit, he said, “Strengthening parliamentary cooperation in combating money laundering, terrorist financing, and the financing of weapons proliferation, and focusing on legislative coordination, exchange of experiences, and supporting regional policies to enhance financial security are among the most important topics of this forum.”
Back on December 1, 2024, the EAG had welcomed Iran’s efforts to improve its anti-money laundering and counter-terrorism financing systems.
Established in 2004, the EAG is a FATF-style regional body comprising the nine countries of Belarus, China, Kazakhstan, Kyrgyzstan, India, Russia, Tajikistan, Turkmenistan, and Uzbekistan, with Iran being an observer member.