Armenia Calling Card From New Zealand
American Embassy Hanoi - Bilateral Trade Agreement
Expectationsfor lower U.S. tariffs for Vietnamese products have begun to stimulateinvestment in Vietnam, although most of that appears to be third countryinvestment.The January 2000 Enterprise Law continues tostimulate domestic investment. The law,a major triumph for the domestic private sector as it allows for easedregistration of new businesses, is credited with doubling the number ofregistered private sector companies. Ofthe 55,000 plus companies newly registered through May 2003, the large majorityare entirely new operations and the remainder are companies that have now movedofficially from the informal to formal sector.Sixty percent of the enterprises are located in Hanoi and Ho ChiMinh City. The Red River Delta aroundHanoi had the next largest portion of new enterprises. This growth in private firms significantlycontrasts with the approximately 3,000 yearly registrations of new SMEbusinesses in 1997-2000. In conjunctionwith the Enterprise Law’s implementation, the government is m ... [Read More]
International Narcotics Control Strategy Reports
US DEPARTMENT OF STATEBUREAU OF INTERNATIONAL NARCOTICS MATTERSINTERNATIONAL NARCOTICS CONTROL STRAGEGY REPORTAPRIL 1994FINANCIAL CRIMES AND MONEY LAUNDERING1994 INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTINTERNATIONAL MONEY LAUNDERINGOVERVIEWIntelligence findings from North and South America, Eastern and Western Europe, South and East Asia, Africa and the Middle East confirm that another significant shift has occurred in money laundering trends and methods, requiring changes in policy and strategy for 1994.The critical aspects are the volume of non-drug related money laundering; increased investment of illegal proceeds in legitimate business, including the financial industry; and the targeting of financial systems in countries/territories (some with little or no domestic involvement in drug trading or other serious proceeds-generating crimes) to launder drug and other proceeds generated by crimes committed in other jurisdictions.In 1988, when the United Nations Convention was ... [Read More]
International Narcotics Control Strategy Reports
FINANCIAL CRIMES AND MONEY LAUNDERINGMONEY LAUNDERINGOVERVIEWIn 1992, the major trends affecting money laundering policy were: (1) further sophistication of money laundering practices; (2) greater investment of drug and other illicit proceeds into established businesses, both to conceal money movements and to capitalize on illicit profits; (3) the internationalization of money laundering networks whose operations involve an ever larger number of countries and territories, regardless of their importance as financial centers or as drug producing or transit countries; and (4) the intensified involvement of the Sicilian Mafia and other criminal organizations in Europe, Asia and the Western Hemisphere who comingle proceeds from many crimes to confound investigators, and are now acting as brokers for funds unrelated to their own trafficking activities. These trends have made it more difficult to differentiate between drug-related money laundering and other forms of illegal money m ... [Read More]
International Narcotics Control Strategy Reports
U.S. DEPARTMENT OF STATE INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTMARCH 1995BUREAU FOR INTERNATIONAL NARCOTICS AND LAW ENFORCEMENT AFFAIRS FINANCIAL CRIMES AND MONEY LAUNDERING11995 INTERNATIONAL NARCOTICS CONTROL STRATEGY REPORTOVERVIEWThere were a number of significant accomplishments in the world of money laundering in 1994, and a number of new and/or intensified concerns. Accomplishments and concerns are summarized here and explained in detailed sections below.Accomplishments. Several financial center governments, such as Singapore and Panama, have adopted broad, new anti-money laundering policies and/or laws, and a number of governments were in the final stages of presenting/adopting new legislation.The Financial Action Task Force completed the evaluations of each of its 26 member governments, all conducted by outside experts and all culminating in recommendations for changes and improvements which will be monitored through continuing examinations be ... [Read More]
M) Money Laundering and Financial Crimes
Terrorist groups commingle illicit revenues with legitimate funds drawn from profits from commercial enterprises and donations from witting and unwitting sympathizers. They tap a range of sources for their financial support including:Otherwise Legitimate Commercial Enterprises. Terrorist groups earn profits from businesses they own. They also secure donations from sympathetic entrepreneurs. Social and Religious Organizations. Since the early 1990s, terrorist groups have relied increasingly on donations from social and religious organizations for financial support. State Sponsors. Several rogue nations—Cuba, Iran, Iraq, Libya, North Korea, Sudan, and Syria—have provided material assistance, financial support or other resources to terrorists. ... [Read More]
US and Coalition 2001
September 13, 2001: President Bush proclaimed September 14 to be a National Day of Prayer and Remembrance and announced plans to visit New York that day. He called on Congress to approve a $20 billion supplemental appropriations bill to provide assistance to victims and their families, relief and recovery efforts, investigations, and precautions against further attacks. During a White House daily briefing, Press Secretary Ari Fleischer said that President Bush would seek a resolution from Congress authorizing the use of military force in retaliation for the attacks on New York and Washington. Fleischer said that Bush had called various foreign leaders, including the Prime Ministers of Japan and Italy, the Secretary-General of NATO, and Crown Prince Abdullah of Saudi Arabia. President Bush later said that he had also talked with the Presidents of Russia and China, and Secretary of State Powell added that the President had spoken to Egyptian President Mubarak and King Abdallah II ... [Read More]
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