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Press Release No. 120/HMS/IX/02Minister for Foreign Affairs Dr. N. Hassan Wirajuda and Minister for Foreign Affairs of Australia Alexander Downer today in New York announced that the two countries will co-host a conference on combating money laundering and terrorist financing, to be held in Bali on 12 - 13 December 2002. The conference will be opened by both Ministers and will bring together officials from countries around the Asia-Pacific Rim. The conference will augment and contribute to existing initiatives being undertaken by the UN Counter-Terrorism Committee and organizations such as the Asia-Pacific Group on Money-Laundering. Indonesia and Australia believe that the meeting will enable countries in our region to strengthen further their individual efforts to prevent and counter money-laundering and the financing of terrorism, particularly by identifying capacity-building needs to meet existing and new obligations. The co-hosting of the conference highlights the continuing
commitment of Australia and Indonesia to combat terrorist financing
and money-laundering in the region.
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