USA and Japan supporting Mongolia’s removal from FATF grey list - News.MN

USA and Japan supporting Mongolia’s removal from FATF grey list

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2020/04/03

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USA and Japan supporting Mongolia’s removal from FATF grey list

On 10 January, a trilateral meeting between Mongolia, the United States of America and Japan took place in Washington, D.C. The meeting was co-chaired by D.Davaasuren, State Secretary of the Mongolian Ministry of Foreign Affairs, D.Stilwell, Assistant Secretary of State for East Asian and Pacific Affairs and Sh.Takizaki, Director-General of the Japanese Foreign Ministry’s Asian and Oceanian Affairs Bureau.

At the meeting, the sides exchanged views on strengthening the strategic partnerships and tripartite cooperation of Mongolia, the USA and Japan. They also discussed regional affairs, in particular, the Korean Peninsula. Following the meeting they released the following Joint Statement:

‘The United States and Japan expressed their commitment to continue supporting Mongolia in strengthening its anti-money laundering capability in line with the recommendations of the Financial Action Task Force. All sides underscored their shared desire to deepen their economic partnership, including through enhanced collaboration in the areas of energy development, the digital economy, and cybersecurity. They also discussed the importance of developing Mongolia’s business climate and ability to attract investment, particularly from the United States and Japan, through improved transparency, predictability, and enforcement.’

Mongolia, the United States, and Japan intend to hold the next round of the trilateral meeting in Ulaanbaatar.

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