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Angola receives $2million from USA to combat money laundering

Angola receives $2million from USA to combat money laundering

The United States of America (US) will grant Angola around two million dollars in ongoing assistance for combating money laundering and terrorist financing, the US Assistant Secretary of State has announced.

John Sullivan announced the fact at a joint press conference with Angolan Foreign Minister Manuel Augusto at the end of a meeting of the "Strategic Partnership Dialogue" between the two countries.

The diplomat pledged, within the framework of the aid, to send advisers to the US Treasury Department to help fight money laundering and terrorist financing.
He stressed that Angola is one of the main US partners in Africa, highlighting the country's economic potential and the strength it represents for security and the fight against terrorism in the region.

He confirmed that the government of President João Lourenço has made a good impression on his initial efforts to promote good governance both in Angola and at regional level.

During the meeting, he said, a number of issues were discussed, including those related to Angola's efforts to improve its business climate, increase trade, combat corruption, promote good governance and human rights.

The list of topics discussed, the increase of bilateral cooperation in sectors such as health and safety, are complemented.
John Sullivan expects the US State and Treasury departments to meet with the Angolan authorities to improve trust and the investment climate, as well as to resume correspondent banking through guarantees to fight money laundering, corruption and money laundering .

Foreign Minister Manuel Augusto thanked the US for its willingness to help Angola in its fight against corruption and terrorism, as well as to recover public assets diverted to private interests.

He said that the memorandum of understanding in the area of security and public order was not initialed on Monday by the parties' understanding that the document needs improvement.

www.angop.ao

 

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