PM Modi to address conference on terror funding in Delhi today

Terror funding: Prime Minister Narendra Modi will inaugurate ‘No Money for Terror’ conference in New Delhi today. The two-day conference offers a unique platform for participating nations and organizations to deliberate on effectiveness of the current international regime on Counter Terrorism Financing. It will also formulate steps required to address emerging challenges.

PM Modi tweeted, “At 9:30 AM tomorrow, 18th November, will be speaking at the ‘No Money for Terror’ Ministerial Conference on Counter-Terrorism Financing. This Conference will witness important deliberations on aspects relating to furthering global cooperation against terror financing.”

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Global cooperation to counter terror funding

Previous two conferences on terror funding, held in Paris in April 2018 and in Melbourne in November 2019, will guide the participants who plan to work towards enhancing global cooperation to deny finances to terrorists and access to permissive jurisdictions to operate.

About 450 delegates from across the world, including Ministers, Heads of Multilateral organisations and Financial Action Task Force (FATF) Heads of Delegations, are participating in the conference.

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Conference to have four sessions

There will be four sessions at the Conference that will focus on ‘Global Trends in Terrorism and Terrorist Financing’, ‘Use of Formal and Informal Channels of Funds for Terrorism’, ‘Emerging Technologies and Terrorist Financing’ and ‘International Co-operation to Address Challenges in Combating Terrorist Financing’.

Home Minister Amit Shah will attend the concluding session of the conference on Saturday.

“The conference will build on gains and learnings of the previous two conferences (held in Paris in April 2018 and in Melbourne in November 2019) and will work towards enhancing global cooperation to deny finances to terrorists and access to permissive jurisdictions to operate,” the Prime Minister’s Office (PMO) said.

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