UAE delegation meets French officials to strengthen cooperation
UAE and France Strengthen Ties to Combat Financial Crimes
A high-level delegation from the United Arab Emirates (UAE) visited Paris to enhance cooperation with France in fighting financial and organized crimes. Led by the General Secretariat of the National Anti-Money Laundering and Combating the Financing of Terrorism and Illegal Organisations Committee (NAMLCFTC), the mission aimed to present the UAE's National Strategy 2024-2027.
Key Discussions and Goals
Hamid Saif AlZaabi, Secretary-General of NAMLCFTC, emphasized the importance of international cooperation, noting France as a major trade partner. Discussions included partnerships with French ministries and agencies to tackle global organized crime and drug trafficking.
Strengthening Bilateral Relations
Fahad Saeed Al Raqbani, UAE Ambassador to France, praised the visit as a milestone in UAE-France relations, focusing on global economic security and financial crime prevention. The UAE's approach includes economic diversity and attracting foreign investment.
Recent Collaborations
In recent months, the UAE and France have signed agreements to enhance financial data exchange and legal cooperation, reflecting their commitment to combating financial crimes.
Doubts Revealed
UAE
UAE stands for the United Arab Emirates, which is a country in the Middle East made up of seven smaller regions called emirates. It is known for its modern cities like Dubai and Abu Dhabi.
France
France is a country in Europe known for its rich history, culture, and landmarks like the Eiffel Tower. It is one of the world's major economic powers.
Financial Crimes
Financial crimes are illegal activities that involve money, like stealing money, cheating people, or hiding money to avoid paying taxes. They can harm the economy and people.
NAMLCFTC
NAMLCFTC stands for the National Anti-Money Laundering and Combating the Financing of Terrorism Committee. It is a group in the UAE that works to stop illegal money activities and terrorism funding.
National Strategy 2024-2027
This is a plan made by the UAE to guide their actions and policies from the year 2024 to 2027. It focuses on improving the country's security and economy by preventing financial crimes.
UAE Ambassador Fahad Saeed Al Raqbani
Fahad Saeed Al Raqbani is a representative of the UAE who works in France to strengthen the relationship between the two countries. Ambassadors help their countries by working with other nations.
Economic Security
Economic security means having a stable and safe economy where people can work, earn money, and live without fear of financial problems. It is important for a country's growth and well-being.
Organized Crime
Organized crime refers to groups of people who work together to commit illegal activities, like smuggling or fraud, in a planned and structured way. They can be very dangerous and hard to stop.
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