Source: Associated Press
By SYLVIE CORBET
PARIS (AP) — More than 70 countries committed Thursday to bolster efforts in the fight against terrorism financing associated with the Islamic State group and al-Qaida.
Participants at an international conference in Paris agreed to “fully criminalize” terror financing through effective and proportionate sanctions “even in the absence of a link to a specific terrorist act.”
The two-day event was convened by French President Emmanuel Macron to coordinate efforts to reduce the terror threat in the long-term. U.S. Treasury Secretary Steven Mnuchin, IMF chief Christine Lagarde, Saudi Foreign Minister Adel Al-Jubeir and Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani were all present.
Macron, who has returned to France from a state visit to the United States, is expected to close the conference later with a call for the necessity for multilateral action.