By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BGTNBGTNBGTN
  • Home
  • BRICS
    • B – Brasil
    • R – Россия (Rossiya)
    • I – भारत (Bhārat)
    • C – 中国 (Zhōngguó)
    • S – South Africa
    • BRICS Plus
      • A – Argentina
      • E – مصر (Misr)
      • E – ኢትዮጵያ (Ityop’iya)
      • I – ایران (Irān)
      • S – السعودية (Al-Su’udiyya)
      • U – الإمارات العربية المتحدة
    • BRICS Partner States
      • A – الجزائر
      • B – Bolivia
      • B – Беларусь
      • C – Cuba
      • K – Қазақстан
      • I – Indonesia
      • M – Malaysia
      • N – Nigeria
      • T – ประเทศไทย
      • T – Türkiye
      • U – Uganda
      • U – Oʻzbekiston
      • V – Việt Nam
  • International
  • Sports
  • Features
    • Saudi Vision 2030
    • Business and Finance
    • Technology and Trends
    • Arts and Culture
    • Health and Lifestyle
    • Food and Agriculture
    • Travel and Exploration
    • BGTN Cares
  • Weather
Reading: BRICS+ countries have a plan to stop terrorism and money laundering
Share
Font ResizerAa
Font ResizerAa
BGTNBGTN
  • Brasil
  • Россия (Rossiya)
  • भारत (Bhārat)
  • 中国 (Zhōngguó)
  • South Africa
  • Argentina
  • مصر (Misr)
  • ኢትዮጵያ (Ityop’iya)
  • ایران (Irān)
  • السعودية (Al-Su’udiyya)
  • الإمارات العربية المتحدة
  • الجزائر
  • Bolivia
  • Беларусь
  • Cuba
  • Қазақстан
  • Indonesia
  • Malaysia
  • Nigeria
  • ประเทศไทย
  • Türkiye
  • Uganda
  • Oʻzbekiston
  • Việt Nam
  • Home
  • BRICS
    • B – Brasil
    • R – Россия (Rossiya)
    • I – भारत (Bhārat)
    • C – 中国 (Zhōngguó)
    • S – South Africa
    • BRICS Plus
    • BRICS Partner States
  • International
  • Sports
  • Features
    • Saudi Vision 2030
    • Business and Finance
    • Technology and Trends
    • Arts and Culture
    • Health and Lifestyle
    • Food and Agriculture
    • Travel and Exploration
    • BGTN Cares
  • Weather
Follow US
  • Terms and Conditions
  • Privacy Policy
© 2024 BRICS Global Television Network. Newshound Media. All Rights Reserved.
BGTN > BRICS > BRICS+ countries have a plan to stop terrorism and money laundering
BRICS

BRICS+ countries have a plan to stop terrorism and money laundering

Ray White
Last updated: April 3, 2024 8:30 am
By Ray White
3 Min Read
Share
Photo: AFP
SHARE

Experts say the expanded alliance of the BRICS+ nations has immense potential to combat international terrorism.

Ruslan Grebnev, Deputy Dean at Lomonosov Moscow State University’s Faculty of Global Processes, has told Egypt’s Daily News that the inclusion of Iran, Saudi Arabia, the United Arab Emirates, Egypt, and Ethiopia is strengthening collective counter-terrorism security.

He says the real potential lies in the timely intelligence exchange on terrorist plots and emerging extremist trends.

Terrorism has become a global problem with over 140 people killed when gunmen stormed into the Crocus concert hall near Moscow, opening fire on civilians.

Northern Mozambique has also seen an increase in insurgents near Beira with troops from the Southern African Development Community being deployed.

This includes troops from BRICS+ country South Africa.

However, military strength is not the only way to counter terrorism.

Cutting off the money flow to finance attacks and extremism is another.

Grebnev emphasises the extensive experience of BRICS+ members, particularly Russia, China, and India, in financial monitoring.

He says their expertise in identifying terrorist funding channels is valuable and can be replicated in other BRICS+ states and across the globe.

Modern technological advancements are also seen as crucial tools for detecting terrorists, tracing extremist communication networks, monitoring group movements, and thwarting financial transfers.

The formation of the BRICS Working Group on Counter-Terrorism in 2016 has also helped to form a cohesive strategy to stop money flows and prosecute offenders.

Member states have also been looking at draft legislation to counter terrorism.

This includes South Africa where the country has been improving its anti-money laundering legislation.

The country found itself at the centre of international attention due to its grey listing by the Financial Action Task Force (FATF) in 2023.

This decision had significant repercussions for the nation’s financial system and its broader economy with banks and other institutions told to tighten their systems.

South Africa’s Finance Ministry says significant progress has been made to remove itself from the grey list.

This is a positive move for the country and ties in with what other BRICS+ countries are doing to make sure that the world becomes a safer place to live and do business.

ALSO READ: BRICS emerging economies receive a major investment boost

South Africa to impose strict penalties on vapers under new legislation
High times for South Africa as Parliament takes next step towards cannabis legalisation
The issue of tyre dumping by Chinese producers in South Africa
Breakthroughs in AI unveiled at the 2024 World Computing Conference
China: Golden Panda Awards, cultural sharing takes center stage
TAGGED:brazilBRICSChinaFinancial Action Task ForceindiarussiaSOUTH AFRICAterrorismtroops
Share This Article
Facebook Flipboard Pinterest Whatsapp Whatsapp LinkedIn Tumblr Reddit VKontakte Telegram Threads Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Surprise0
Shy0
Joy0
Cry0
Embarrass0
Sleepy0
Angry0
Dead0
Wink0
Ray White
ByRay White
Ray is a seasoned broadcast journalist and has worked in television and radio newsrooms for decades. In 2023 he was inducted into the South African Radio Hall of Fame. Ray's interests lie at being at the heart of current affairs and news. He hosts BGTN’s business show.
Previous Article Kartoshka recipe
Next Article World Fencing Championship in Riyadh, Saudi Arabia
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
TiktokFollow
LinkedInFollow
TumblrFollow
ThreadsFollow
BlueskyFollow
RSS FeedFollow
- Advertisement -
Ad imageAd image

Latest News

China and Africa Launch Year of People-to-People Exchanges at AU Headquarters
Arts and Culture Features
A New Leader in the Electric Vehicle Race
Business and Finance Features
China’s Official Manufacturing PMI Contracts in January, Diverging from Private Survey Amid Mixed Economic Signals
Business and Finance Features
India’s Economic Momentum Endures, Strong Growth Forecasts, Benign Inflation Anchor Policy in Early 2026
Business and Finance Features

You Might Also Like

SportsBrasilBRICS

Brasil’s Rayssa Leal adds another Olympic medal

July 29, 2024
BRICSInternational中国 (Zhōngguó)

The rising popularity of Chinese lottery tickets amongst the youth

June 24, 2024
BRICSArts and CultureBrasil

Parintins Festival: Celebrating Amazonian culture with colourful splendour

June 18, 2024
Shiite fighters, known as Houthis, chant slogans during a tribal gathering showing support for the Houthi movement in Sanaa, Yemen, Thursday, Dec. 10, 2015.
International

Why Yemen’s Houthis are getting involved in the Israel-Hamas war and how it could disrupt global shipping

December 7, 2023

Google Translate

Learn About BRICS

  • B – Brasil
  • R – Россия (Rossiya)
  • I – भारत (Bhārat)
  • C – 中国 (Zhōngguó)
  • S – South Africa
  • Saudi Vision 2030

Our World

  • Support Centre
  • Careers
BGTNBGTN
Follow US
© 2025 BRICS Global Television Network (Pty) Ltd. All Rights Reserved.
  • Privacy Policy
  • Terms and Conditions
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?