The Group of Seven (G7) Finance Ministers and Central Banks' Governors expressed concern over the risks posed by Iran and North Korea, particularly Pyongyang's "illicit activities" related to "proliferation of weapons of mass destruction" and recent ballistic missiles launches.
"We are deeply concerned with illicit financing risk emanating from Iran," the Group stressed in a joint statement published after their meeting in Niigata, Japan. In addition, the G7 emphasized that it "fully supports" the Financial Action Task Force (FATF)'s decision to suspend Russia's membership this year given Moscow's "irresponsible nuclear rhetoric."
