December 10, 2024
The initiative represents an important step in building a more secure, equitable and integral international trade.
WASHINGTON D.C. December 10, 2024 (@IllicitFlows)
Global Financial Integrity and the National Customs Service of Chile have signed a Cooperation Agreement to combat money laundering, the financing of terrorism and other organized crimes associated with international trade.
The activity, held in a virtual session, was led by the National Director of Customs, Alejandra Arriaza Loeb, and the President and C.E.O. of GFI, Thomas A. Cardamone Jr., both of whom highlighted the relevance of this agreement to promote financial transparency and strengthen institutional capacities in areas of high vulnerability.
Director Arriaza highlighted Customs’ commitment to the fight against organized crime, being an active part of the country’s first National Policy against Organized Crime. “We understand that organized crime not only represents a national challenge but also a transnational one. For this reason, we are working together with other institutions to provide forceful, modern and coordinated responses that guarantee the security of citizens and global trade,” said the authority.
Meanwhile, GFI President and C.E.O. Thomas A. Cardamone, Jr. said, “We are pleased to join forces with the National Customs Service of Chile as a strategic partner to reduce illicit financial flows. Promoting integrity in trade, transparency in transactions and empowering the capabilities of institutions in Latin America and the Caribbean are common goals for GFI. We are confident that our work together will be valuable for the development of Chile and the region.”
COORDINATION AND EXCHANGE
The agreement signed between the National Customs Service of Chile and Global Financial Integrity includes specific actions, such as training, joint investigations and the exchange of best practices, as well as activities aimed at institutional strengthening.
With the signing of this agreement, both institutions reiterate their commitment to work together to prevent illicit financial flows and promote standards of transparency that benefit both Chile and the international community.
ABOUT GFI: Global Financial Integrity (GFI) is a Washington D.C.-based think tank that conducts rigorous analysis of illicit financial flows (IFFs), advises governments on effective policy solutions, and promotes pragmatic measures to foster transparency in the international financial system as a measure of global development and security.
ABOUT THE NATIONAL CUSTOMS SERVICE OF CHILE: The National Customs Service of Chile is a public institution under the Ministry of Finance and is responsible for overseeing and supervising customs activities. In addition, it intervenes in international traffic to collect import and export taxes monitors and controls the flow of goods through the coasts, borders and airports of the Republic, among other tasks determined by law. Customs of Chile fulfill key functions for the development of the country, having a preponderant role in foreign trade.
CONTACT:
Luisa Acosta
Program Assistant