By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BRICS Global Television NetworkBRICS Global Television NetworkBRICS Global Television Network
  • 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
  • Sports
  • International
  • Features
    • Hearts and Plates
    • Saudi Vision 2030
    • Business and Finance
    • Technology and Trends
    • Arts and Culture
    • Health and Lifestyle
    • Food and Agriculture
    • Travel and Exploration
    • BGTN Cares
  • Watch
    • On-Demand
  • Weather
  • Live TV
Reading: BRICS+ countries have a plan to stop terrorism and money laundering
Share
Font ResizerAa
Font ResizerAa
BRICS Global Television NetworkBRICS Global Television Network
  • 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
  • Sports
  • International
  • Features
    • Hearts and Plates
    • Saudi Vision 2030
    • Business and Finance
    • Technology and Trends
    • Arts and Culture
    • Health and Lifestyle
    • Food and Agriculture
    • Travel and Exploration
    • BGTN Cares
  • Watch
    • On-Demand
  • Weather
  • Live TV
Follow US
  • Terms and Conditions
  • Privacy Policy
© 2024 BRICS Global Television Network. Newshound Media. All Rights Reserved.
BRICS Global Television Network > 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

You Might Also Like

BRICS Summit: New opportunities for coffee trade between Brazil and South Africa
Brazilian Supreme Court initiates criminal enquiry into Elon Musk
The US wants more tariffs against China as the tech war heats up
The Impact of BRICS Pay on International Finance and Decentralised Transactions
King Abdulaziz Public Library in Riyadh introduces Saudi culture to Chinese-speaking audiences through literature
TAGGED:brazilBRICSChinaFinancial Action Task ForceindiarussiaSOUTH AFRICAterrorismtroops
Share This Article
Facebook Twitter Flipboard Pinterest Whatsapp Whatsapp LinkedIn Tumblr Reddit VKontakte Telegram Threads Email Copy Link Print
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
TwitterFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
TiktokFollow
ThreadsFollow
- Advertisement -
Ad imageAd image

Latest News

Pastor Chris to Deliver Live Broadcast on BRICS Global Television Network
Features
Building Bridges: How the BRICS Think Tanks Council Fosters International Understanding and Growth
BRICS Business and Finance
BRICS Women’s Business Alliance: A New Era of International Collaboration and Women’s Leadership
BRICS Business and Finance
Navigating New Opportunities: What the BRICS Business Council Means for Your Business
BRICS Business and Finance

You Might Also Like

South AfricaBRICSInternational

South Africa braces for landmark Elections on May 29, 2024

June 5, 2024
China mortgage reforms
International中国 (Zhōngguó)

Mortgage reform aims to soothe China’s housing market

September 23, 2023
InternationalBRICS中国 (Zhōngguó)

Beijing cartoon campaign to curb clan influence in rural China

August 22, 2024
BRICSBusiness and Finance中国 (Zhōngguó)

EU tariffs hit growth in China’s electric car exports, industry body official says

July 11, 2024

Our Partners

Ad imageAd image

Learn About BRICS

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

Our World

  • Help Centre
  • Careers
  • Terms and Conditions
  • Privacy Policy

Google Translate

BRICS Global Television NetworkBRICS Global Television Network
Follow US
© 2024 BRICS Global Television Network. Newshound Media. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up