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FinMin to host meeting of expert working group to discuss illicit fund flows from opiate trafficking


Press Trust of India New Delhi
The Finance Ministry will host a two-day meeting beginning June 27 of the expert working group on illicit financial flows deriving from the trafficking of opiates originating in Afghanistan.
"The Department of Revenue, Ministry of Finance, is hosting a Meeting of Expert working group on Paris Pact Initiative on Illicit Financial Flows deriving from the trafficking of Opiates originating in Afghanistan," the ministry said in a statement.
Paris Pact is a group of 58 countries and 23 international organisations affected with drug trafficking of Afghan opiates. Paris Pact Initiative has addressed the issue of drug problem related to opiates originating in Afghanistan, and has provided the platform for member countries and international organisations to coordinate and combat the trafficking and consumption of opiates.
The meeting, which is being organised with the support of United Nations Office on Drugs & Crimes (UNODC), will be inaugurated by Additional Secretary, Revenue, Anil Kumar Jha and attended by the representatives of the Member Countries of Paris Pact, Regional Representatives of UNODC and officers of the Indian Agencies like Directorate of Revenue Intelligence (DRI), Enforcement Directorate and Narcotics Control Bureau (NCB) involved in countering the money laundering/illicit financial flows related to drug trafficking.
During the meeting, the participants will share their experiences which will provide an opportunity for Indian agencies to understand the updates on current threats posed by illicit financial flows which may include new methods to assess such threats and activities, the ministry said.
The meeting will also highlight upon the technical assistance needs and new capabilities to enhance understanding and disruption of illicit financial flows, it added.

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First Published: Jun 26 2019 | 9:35 PM IST

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