Don’t miss the latest developments in business and finance.

Bangladesh, US agree to cooperate to stop terror financing

Image
ANI Washington
Last Updated : Oct 30 2014 | 4:25 PM IST

Bangladesh and the United States have agreed to work together to stop all conduits for terror financing.

A joint statement was issued to this effect after third two-day-long US-Bangladesh Partnership Dialogue concluded here on Wednesday.

The Bangladesh delegation at the talks was led by Foreign Secretary Mohammad Shahidul Haque, while the American delegation was led by US Under Secretary of State for Political Affairs Wendy Sherman. Bangladesh's envoy to the US Mohammad Ziauddin was also present during the deliberations.

According to the Daily Star, both governments have expressed their deep commitment to continue to cooperate to counter terrorist financing and violent extremism under the globally recognised Financial Action Task Force (FATF) framework.

It was agreed that in December, the US Embassy in Dhaka and the State Department will host a South Asia regional workshop in collaboration with the Bangladesh government to focus on best practices to counter violent extremism and terrorist financing.

Both the countries recognised the threat of terrorism in the world, and acknowledging the effectiveness of counterterrorism and anti-money laundering acts in Bangladesh.

More From This Section

First Published: Oct 30 2014 | 1:19 PM IST

Next Story