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The Independent UK
The Independent UK
National
Via AP news wire

Turkey welcomes removal from a key money-laundering watchlist, hoping to boost foreign investment

Copyright 2017 The Associated Press. All rights reserved.

Turkey on Friday welcomed a decision by an international watchdog to remove it from a so-called “ gray list ” of countries that have not fully implemented measures to fight money laundering and terrorism financing.

The announcement by the Financial Action Task Force in Singapore could bolster foreign investments in Turkey, which is trying to rebound from a deep economic downturn.

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