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At a Glance
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Anti-money-laundering commission
PANAMA: Panamanian President Mireya Moscoso de Gruber on Wednesday announced the establishment of the High Level Anti-Money-Laundering Commission.
The commission is set up to keep banking, financial, professional and commercial activities in the country out of the influence of crimes related to money laundering, said the Panamanian leader.
However, this is not an easy task, said the president, because Panama is one of the leading banking and financial centres in Latin America and the first free zone in the region.(Xinhua)
Seoul to help North's farmers
SEOUL: South Korea on Thursday decided to donate 200,000 tonnes of fertilizers to the Democratic People's Republic of Korea (DPRK) this year.
The decision was made at a meeting on pushing inter-Korean exchanges and co-operation chaired by Unification Minister Lim Dong-won.
The South Korean Government is expected to use 68 billion won (some US$52 million) of the inter-Korean co-operation fund for the purchase and transportation of the fertilizer.(Xinhua)
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