Nazarbayev signs law countering financing of terrorism 21 февраля 2012, 19:28
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Kazakhstan President Nursultan Nazarbayev. Photo by Vladimir Dmitriyev©
Nursultan Nazarbayev has signed the law On ratification of the Agreement of the Eurasian Group on combating money laundering and financing of terrorism, Tengrinews.kz reports citing Kazakhstan President’s official website.
Kazakhstan government’s website writes that on January 18 Senate deputies adopted the law On ratification of the Agreement of the Eurasian Group on combating money laundering and financing of terrorism. The agreement is intended to ensure effective interaction and cooperation at the regional level and integration of the member-states of the Eurasian Group on Combating Money Laundering and Financing of Terrorism into the international system of combating money laundering and financing of terrorism.
The Group was established on October 6, 2004 upon Russia's initiative. It was supported by the Financial Action Task Force, IMF and World Bank. The Group unites the countries of the Eurasian region for joint actions on countering economic crime and reduction of the international terrorism threat. Right now the Group includes Belarus, Kazakhstan, China, Kyrgyzstan, Russia, Tajikistan and Uzbekistan.