CTED hosts conference in MENA region on countering terrorism funding and proliferation

The United Nations Security Council Counter-Terrorism Committee held a regional conference on October 2 on countering terrorism financing and proliferation for the Middle East and Northern Africa region.

The event lasted two days and was run by CTED, the Middle East and North Africa Financial Action Task Force and the Anti Money Laundering and Counter Terrorist Financing Unit of Jordan. Thirteen representatives from Member States of the MENA region participated in the event, along with several representatives of international organizations. Participants examined the international legal framework of efforts to prevent money-laundering, terrorism financing and proliferation.

The leaders of the event discussed attacking the funding of terrorism as a way to fight terrorism. If terrorists have no financial resources, they have little leeway to carry out attacks. The participants discussed how punishing those who fund terrorism both deters future efforts to fund terrorism and limits current terrorism capabilities.

Participants also discussed how best to enforce the rule of law while respecting human rights and how to implement Security Council resolutions 1718 and 1874, which require Member States to be vigilant in transactions that may be linked to the proliferation of nuclear weapons and weapons of mass destruction.

CTED will continue to support Member States in the MENA region in the fight against terrorism funding.