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The Secretary-General of the Gulf Cooperation Council, Jassem Mohammed Al-Budaiwi, stated that Gulf countries are focusing on developing their national capacities to combat money laundering and terrorist financing. They are working to improve their regulatory tools in alignment with international standards. He emphasized that combating money laundering and terrorist financing is fundamental to protecting financial systems and enhancing economic stability. Additionally, meetings and workshops serve to strengthen coordination and exchange expertise, with the aim of unifying efforts and preparing countries to confront future financial challenges.
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