Beirut, 04 December (Communication and Information Unit)--The 12th Session of the Committee on Liberalization of Foreign trade, Economic Globalization and Financing for Development, holds a panel discussion tomorrow 05 December, at 9:30am, at the UN House in Beirut, Lebanon, on “Domestic Resource Mobilization by Curbing Illicit Financial Flows and Trade Misinvoicing”.
Lebanese Minister of Finance, Mr. Ali Hassan Khalil and Lebanese State Minister for Combating Corruption, Mr. Nicolas Tueni will take part in the panel discussion, alongside the General Secretary of the Arab Investors Union, Mr. Gamal Bayoumi and the Chairman of the Banking Control Commission, Mr. Samir Hammoud. Participants in the panel discussion also include high-level representatives from member States, and international and regional experts concerned with illicit financial flows and trade misinvoicing.
The discussion panel will provide a platform for dialogue between decision-makers and experts regarding the effects of illicit financial flows on the mobilization of domestic resources to implement the 2030 Agenda in the Arab region. The panel should build a foundation for developing a regional road map to tackle illicit financial flows and trade misinvoicing at the regional level, given that illicit financial flows require national and regional collaborative efforts.
ESCWA established the Committee in 1997, taking into account the importance of the participation of member States in the planning, development and monitoring of ESCWA programmes aimed at assisting countries in outlining appropriate national and regional economic development policies that enable them to take greater advantage of the international trends towards liberalization of foreign trade and economic globalization.
The ESCWA Communication and Information Unit (ECIU) kindly requests media representatives wishing to cover this meeting to confirm their attendance on the following numbers in order to facilitate their access: +96170827372 | +96170008879 | +96170079021
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