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US, Mexico Sign Accords to Curb Money Laundering and Gunrunning Adrián Jiménez - The News go to original October 07, 2010
| (The News) | | Mexico City - The U.S. and Mexican governments on this week signed two agreements to combat gunrunning and money laundering. U.S. Ambassador to Mexico Carlos Pascual said the agreements are evidence of the cooperation between the two countries to combat organized crime.
The first agreement is to install a new electronic system in Mexico to track down illegal weapons entering the country. This system, called e-Trace, operates in 30 countries, and it registers weapon sales and use. It has already been translated into Spanish.
In a press conference at the Sheraton Hotel on Reforma Avenue, Pascual said that, through the Memorandum of Understanding, the U.S. government allows Mexican authorities to access e-Trace, in order to enter information on weapons seized around the country. The director of the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), Kenneth Melson, also at the press conference, said this will save many lives and will send gunrunners to jail.
The second agreement dictates that U.S. authorities will grant Mexico $2.9 million to purchase equipment that will help combat money laundering. This money, Pascual said, comes from the payment of a fine that was imposed on a U.S. company for laundering money.
The agreements were signed between representatives of the Attorney General's Office (PGR), the Federal Preventive Police (PFP) and the Treasury and Public Finance Secretariat, and representatives of the U.S. ATF and the U.S. Office of Foreign Assets Control.
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