Russian, Chinese to work against money laundering

During the current visit to Beijing by Russian President Vladimir Putin, the Central Bank of Russian (CBR) and the People's Bank of China have signed an agreement on cooperation in counteracting the laundering of criminally obtained incomes and the financing of terrorism, and in matters concerning foreign-exchange currency monitoring.

CBR Deputy Chairman Viktor Melnikov has told ITAR-TASS that the central banks of the two countries intend to cooperate in this respect through continuous exchang

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