19.10.2010 18:37

Azerbaijan, Baku, Oct. 19 /Trend, N.Ismayilova/

http://en.trend.az/capital/business/1768966.html

Chairman of the Central Bank of Azerbaijan (CBA) Elman Rustamov and the U.S. Treasury Undersecretary for Terrorism and Financial Intelligence Stuart Levey, who arrived in Baku on Tuesday, discussed cooperation between the two countries in combating money laundering and terrorism, the CBA reported Tuesday.

During the meeting, the head of the Central Bank said that the fight against money laundering and terrorism is one of the rapidly developing areas of bilateral cooperation between the U.S. and Azerbaijan.

"Azerbaijan joined this initiative in 2002, and we see the real results of this cooperation. We hope this visit will have a positive impact on the development of these relations," said Rustamov.

According to the report, Levey expressed his satisfaction with cooperation with the CBA, he also noted that this was his first visit to Azerbaijan and the meetings during the visit have been very fruitful.

"We also appreciate the bilateral ties that were created within cooperation in combating money laundering and terrorism. I hope that these relations will develop even more intensely," said Levey.

The meeting also covered the prospects of cooperation between the U.S. Treasury and the CBA.