Qatar participated in the two-day "No Money for Terror" Ministerial Conference, held in Melbourne, Australia. The conference concluded Friday.
HE the Minister of State for Foreign Affairs Sultan bin Saad al-Muraikhi headed the Qatari delegation to the conference.
In his speech, the minister stressed the importance of international co-operation in combating terrorism, pointing out that Qatar has been an active member of the international coalition to combat the financing of ISIS.
HE al-Muraikhi pointed out that Qatar has not hesitated to provide initiatives and contributions to enhance the overall role of the coalition, as well as the implementation of the United Nations strategy to combat terrorism.
“Qatar has taken strict measures to combat terrorism and adopted national legislation reflecting the international instruments to which it has acceded in compliance with international law, as well as continuing to work and co-ordinate with friendly countries to confront terrorism and achieve common goals,” he said.
The minister explained that the last of these measures was Qatar's issuance in September of Law No (20) of 2019 on combating money laundering and terrorist financing, which includes its obligations under the 40 recommendations of the Financial Action Task Force (FATF).
He pointed out that Qatar is actively participating in the Terrorist Financing Targeting Centre (TFTC), which includes the GCC countries and the United States. The TFTC aims to identify, track and exchange information on terrorist financial networks, co-ordinate joint actions against terrorism, and take appropriate action by classifying, publicizing, and sanctioning individuals, and entities funding terrorist activities. It assists in building capacity to counter terrorist financing threats for counties of the region.
“While Qatar is stressing this very important issue, it is concerned about the risks posed by the lack of coordination among regional states as a result of the tensions and crises,” he added.
He explained that these crises benefit terrorist organisations and weaken the abilities as the member states to fight against these organisations and deprive them of the means, which they use to regain their breaths and the possibilities lost during the previous period.
He reiterated that Qatar will support any effort or direction within the framework of the conference to combat the financing of terrorism that contributes to the eradication of this scourge, adding that Qatar will continue to pursue its policy of maintaining international peace and security.
The minister praised the holding of the conference and the great efforts in the follow-up of its work, stressing the commitment of Qatar to continue to work with partners to combat the financing of terrorism.