Foreign Minister Meets APG-ICRG Delegation
Summary
Foreign Minister Shishir Khanal met with the APG-ICRG delegation discussing Nepal's progress in preventing money laundering and plans to exit the grey list.
Key Points
- A delegation from APG-International Cooperation Review Group led by David Shannon met with Foreign Minister Shishir Khanal.
- The delegation reviewed Nepal's progress in financial governance, money laundering prevention, and terrorist financing control.
- Minister Khanal expressed commitment to enhancing Nepal's capacity to meet international standards and confidence to exit the grey list.
- Nepal is monitored by ICRG due to weak legal systems in preventing financial crimes, and ongoing reforms aim to address this.
