04 Mar 2019
European Union member states unanimously rejected on Friday a proposal to blacklist Saudi Arabia and four U.S. territories for lax controls on terrorism financing and money laundering, sources told Reuters.
Saudi Arabia, a major importer of EU weapons and goods, had lobbied against being branded a “high-risk” country, as had been proposed by the bloc’s executive European Commission.
Representatives of EU states meeting in Brussels on Friday agreed a statement on the matter, which was seen by Reuters and is expected to be formally adopted by justice and home affairs ministers meeting on Thursday.
By Francesco Guarascio, Reuters, 1 March 2019
Link to Reuters
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