‘No Money For Terror’ Aims To Broaden Base For Big Fight Against Terror Financing: EAM Jaishankar

‘No Money For Terror’ Aims To Broaden Base For Big Fight Against Terror Financing: EAM Jaishankar

External Affairs Minister (EAM) S Jaishankar on Saturday stated that to combat the threat of terrorism, the world must rise above partisan divisions. Terrorism must be combated tenaciously on all fronts, in all situations, and in all places. He made the statement while addressing the third ‘No Money for Terror’ (NMFT) Ministerial Conference on Counter-Terrorism Financing. 

World needs to rise above political divides to address this peril. The battle against terrorism must be fought resolutely on all fronts, in all situations and at all places.

— Dr. S. Jaishankar (@DrSJaishankar) November 19, 2022 Jaishankar stated that the platform ‘No Money for Terror’ strives to broaden the basis of the big fight against terror financing. “When it comes to terrorism, we will never turn a blind eye, we will never compromise, and we will never give up our fight for justice,” the EAM stated. 

The ‘No Money for Terror’ platform aims to broad base the Big Fight against Terror Financing. When it comes to terrorism, we will never look away, we will never compromise and we will never give up on our quest to ensure justice.

— Dr. S. Jaishankar (@DrSJaishankar) November 19, 2022

Jaishankar noted that India, along with like-minded partners, would stay committed and energetic in highlighting the existential challenges to global security and stability that terrorism poses. “We will shine the spotlight on this peril – and all those involved in nurturing and furthering it.”

It is critical that all countries take a unified and unequivocal stance against terrorism. Terror is terror, and no amount of political spin will ever justify it, the minister stated. 

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India, along with like-minded partners, will remain committed and energetic to highlight the existential threats that terrorism poses to global security and stability. We will shine the spotlight on this peril – and all those involved in nurturing and furthering it.

— Dr. S. Jaishankar (@DrSJaishankar) November 19, 2022

The two-day meeting held on November 18 and 19, provided a unique forum for participating states and organisations to discuss the effectiveness of the current international counter-terrorism financing regime and the steps needed to address developing issues, as per a statement issued by the Prime Minister’s Office (PMO) on Friday. 

It was attended by around 450 delegates from around the world, including ministers, heads of multilateral organisations, and heads of delegations of the Financial Action Task Force (FATF), the statement read. 

In the ‘No Money For Terror’ conference, participants from several countries expressed their perspectives on the rapid implementation of FATF recommendations. The fourth ‘No Money For Terror’ conference is being planned as an annual event: DG NIA Gupta, Dinkar, news agency ANI reported. 

Participants from different countries shared their views on the quick implementation of FATF recommendations in ‘No Money For Terror’ Conference. Talks are going for the fourth ‘No Money For Terror’ conference to make it an annual event: DG NIA Dinkar Gupta pic.twitter.com/kpMkmLOF6f

— ANI (@ANI) November 19, 2022

The conference was built on the successes and lessons learned from the previous two conferences (held in Paris in April 2018 and Melbourne in November 2019), with the goal of improving global collaboration to deny terrorist access to funds and permissive countries, according to the statement issued by PMO.