Press Statement by Spokesperson for DPRK NCC for Anti-Money Laundering and Combating Financing of Terrorism

Pyongyang, October 3 (KCNA) -- A spokesperson for the National Coordinating Committee (NCC) of the DPRK for Anti-Money Laundering and Combating the Financing of Terrorism released the following press statement on October 3: The Asia-Pacific Group on Money Laundering decided to deprive the DPRK of its observer position at the APG's 26th general assembly held in the United Arab Emirates on September 24. The reason why the DPRK joined the group as an observer was to clearly show that it has nothing to do with all sorts of crimes, including money laundering and fomentation of terrorism. The transparency of the DPRK was proved objectively and fully through the sincere implementation of its obligations, including its accession to the UN Convention against Transnational Organized Crime in 2016 and the amendment and supplement of its domestic law on anti-money laundering and combating the financing of terrorism after it joined the group. However, the group which yielded to and followed in the U.S. hostile policy toward the DPRK to deprive the DPRK of its normal rights to development at any cost has persistently turned its face away from the sincere efforts and transparent measures taken by the DPRK. In particular, the group has designated the DPRK as a "state subject to countermeasures" every year since 2011 under the pressure of the U.S., which has groundlessly branded it as the "money laundering criminal state" and the "state sponsor of terrorism", and has forced other countries to ban all financial transactions with the DPRK. The decision of the group to deprive the DPRK of its position as an observer is an inevitable result pursuant to the hostile policy of the U.S. considering the independent and just sovereign states as a thorn in its flesh. This proves that the group, which should have promoted the sound development of international relations and the regional peace and security, has turned into a mouthpiece group playing at the hands of the U.S. keen on realizing world domination. We have no regret that we have not held intercourse with the group which has been reduced to a political tool of the U.S. The DPRK has a consistent principled stand against money laundering and financing of terrorism and it will continue to strive for it.

Press Statement by Spokesperson for DPRK NCC for Anti-Money Laundering and Combating Financing of Terrorism

More From KCNA.co.jp (En)

Spokesman for DPRK Foreign Ministry Issues Press Statement

Jagang Provincial Medical Oxygen Factory Inaugurated in DPRK

Sariwon Duck Farm Inaugurated in DPRK

DPRK Weightlifters Win 26 Gold Medals at World Championships

Modernized Thongchon Fishery Station Inaugurated in DPRK

Kosong Army-People Power Station Completed in DPRK

New Smeltery Inaugurated in DPRK

Inaugurada la Fábrica de Oxígeno Medicinal de provincia de Jagang

Pesistas coreanos ganan 26 medallas de oro en Campeonato Mundial de la FIH

Portavoz del MINREX condena conducta provocativa de EE.UU. y sus acólitos

Researches for Boosting Grain Output Intensified in DPRK

Foreigners Pay Floral Tribute to Statues of Great Leaders

DPRK People Pay Floral Tribute to Statues of Great Leaders

Respected Comrade Kim Jong Un Visits Kumsusan Palace of Sun

All DPRK People Remember Chairman Kim Jong Il Most Reverently

Base for Ryesonggang Sports Team Renovated

Successes Made in Coal Industry Sector

Event Held Abroad to Commemorate Chairman Kim Jong Il's Demise Anniversary

Estimado companero Kim Jong Un visita Palacio del Sol Kumsusan por 17 de diciembre

Sci-Tech Complex Disseminates Many Sci-tech Data to Different Units in DPRK

Alerts

Source Archive Size

Kim Mention Index

Threat Index

About KCNA Watch