UAE Deeply Committed To Countering Terrorism, Its Financing Sources

UAE deeply committed to countering terrorism, its financing sources

The UAE is deeply committed to fighting terrorism and drying up the sources of its financing and stressed the need for strengthening regional and international multilateral cooperation to address challenges related to terrorism

DUSHANBE, (Pakistan Point News - 18th May, 2019) The UAE is deeply committed to fighting terrorism and drying up the sources of its financing and stressed the need for strengthening regional and international multilateral cooperation to address challenges related to terrorism.

Delivering the UAE statement before the plenary opening session of the high-level ''Conference on International and Regional Cooperation in Countering Terrorism and its Financing through Illicit Drug Trafficking and Organised Crime'' in Dushanbe, Tajikistan, today, Obaid Al Hayri Salem Al Ketbi, Assistant Minister of Foreign Affairs and International Cooperation for Security and Military Affairs, outlined the UAE's tireless efforts to counter terrorism and combat its sources of financing.

The Anti-Money Laundering and Suspicious Cases Unit, AMLSCU, at the Central Bank of the United Arab Emirates, has signed more than 45 memoranda of understanding with national, regional and international counterparts,'' he told the two-day gathering which assembled representatives of 50 countries and more than 27 international organisations.

According to him, the UAE has also hosted international anti-terror organisations including Hedayah, the International Centre of Excellence for Countering Violent Extremism, CVE, and Sawab Centre, a joint UAE-US digital communications hub to combat violent extremist ideologies online.

He added that the UAE announced 2019 as the ''Year of Tolerance'' as part of its efforts to bolster the UAE status as a global hub for tolerance, moderation and cultural diversity.

In his opening address to the conference, Tajik President Emomali Rahmon said that "Activities of international terrorist and extremist forces have shaken the foundations of international security and caused unstable situation in various regions of the world."

In this context, Emomali Rahmon pointed to the necessity of strengthening potentials of countries and their special services for the purpose of preventing terrorism and extremism.

Tajik leader also noted that the fact that terrorist and extremist organisations use information technologies to disseminate their extremist ideas and recruit people in their ranks evokes serious concern Hosted by the Government of the Republic of Tajikistan in cooperation with the United Nations, the European Union and the Organisation for Security and Co-operation in Europe, the conference aims to promote and strengthen international and regional cooperation, identify effective practices to combat terrorism financing and facilitate expert discussions on how to respond to evolving methods used by terrorists and terrorist organisations to fund their activities and structures, including through illicit drug trafficking and organized crime.

The event will be used as a platform to discuss complex and multidimensional challenges being faced by members of international community and facilitate the exchange of experience, lessons learnt and good practices in these fields.

Moreover, aiming at a strong and long-lasting cooperation between countries, the conference highlights the need for renewed efforts for effective multilateral action through operational partnership and suitable joint responses to the challenging and emerging threats of terrorist and its financing through illicit drug trafficking and organised crime.