On November 18th, the Prime Minister will deliver the opening address at the third ‘No Money for Terror’ Ministerial Conference on Counter-Terrorism Financing. Prime Minister Shri Narendra Modi will deliver the opening address at the third ‘No Money for Terror’ (NMFT) Ministerial Conference on Counter-Terrorism Financing on November 18th at 9:30 a.m. at the Hotel Taj Palace( New Delhi).
The two-day meeting, scheduled for November 18th and 19th, will provide a unique forum for participating states and organisations to discuss the efficacy of the present international counter-terrorism financing regime as well as initiatives needed to address growing difficulties. The conference will build on the successes and lessons learned from the previous two conferences (held in Paris in April 2018 and Melbourne in November 2019) and will aim to improve global collaboration to deny terrorists financial support and access to permissive countries to operate. It will be attended by approximately 450 delegates from around the world, including Ministers, Heads of Multilateral Organizations, and Heads of Delegations of the Financial Action Task Force (FATF).
According to the Prime Minister’s Office, the conference will build on the gains and lessons learned from the previous two conferences (held in Paris in April 2018 and Melbourne in November 2019) and will work to improve world peace to deny terrorists financial assistance and access to permissive jurisdictions. It will be attended by around 450 delegates from throughout the world, including Ministers, Heads of Multilateral Organizations, and Financial Action Task Force (FATF) Heads of Delegations.
During the Conference, discussions will take place in four sessions focused on ‘Global Trends in Terrorism and Terrorist Financing,’ ‘Use of Formal and Informal Channels of Funds for Terrorism,’ ‘Advancement In the technology and Terrorist Financing,’ and ‘International Cooperation to Address Terrorist Financing Issues.’
Over the last three decades, India has been subjected to various types of terrorism and its financing, so it knows the anguish and grief felt by other countries. India organised two worldwide events in October to show solidarity with peace-loving nations and to assist develop a bridge for long-term collaboration in combatting terrorist financing:
Interpol’s annual Conference in Delhi, as well as a special session of a UN Counter-Terrorism Council in Mumbai and Delhi. The next NMFT Conference will contribute to our efforts to foster international understanding and collaboration.
The third ‘No Money For Terror’ Conference will focus on global trends in terrorism and terrorist financing, the use of formal and informal channels of terrorism funding, emerging technologies and terrorist financing, and the necessary international cooperation to address related challenges.