Cablegate: Terrorist Financing: French Proposal For

This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS PARIS 004443

SIPDIS

SENSITIVE

E.O. 12958: N/A
TAGS: EFIN PREL KTFN KCRM PTER FR UNSC
SUBJECT: TERRORIST FINANCING: FRENCH PROPOSAL FOR
MULTILATERAL SOLUTION TO CTC IMPASSE

REF: STATE 111859 (NOTAL)

SENSITIVE BUT UNCLASSIFIED, not for internet

(SBU) Per reftel, we spoke with GOF authorities about the
French taking the lead on a multilateral approach to resolve
the impasse in the UN Counter-Terrorism Committee (CTC) with
the Chinese and Brazilians over creating a set of counter-
terrorism finance best practices that reference the
Financial Action Task Force. According to Regis Pelissier,
director for the Ministry of Economy's office of
International Finance and Monetary Systems, France already
presented its bilateral demarche to the Chinese, to no
avail. We also spoke with Claudia Delmas-Scherer, Deputy in
the MFA office for security in the bureau for strategic
affairs, security and disarmament, who confirmed that
France's bilateral efforts had borne no fruit. She
expressed doubt that France could construct a multilateral
solution in the FATF, noting that its Presidency ends June
30, but suggested that another possible forum might be the
G7. She presumed that the UK would be amenable to take up
the issue as it assumes the G7 Presidency. She added that
France, of course, would join in any multilateral approach,
including instructing its Embassies to engage in joint
demarches.
WOLFF#

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