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Cost must be imposed on nations which aid terrorism as part of their foreign policy: PM Modi

The Prime Minister was addressing the third ‘No Money for Terror Ministerial Conference on Counter-Terrorism Financing’ hosted by the Ministry of Home Affairs

New Delhi: Prime Minister Narendra Modi on Friday,  November 18, said strict financial penalties ought  to be imposed on countries which aid terrorism as part of their foreign policy by providing political, ideological and financial support a PTI  report  in The Tribune,  Chandigarh, says.

Addressing the third ‘No Money for Terror Ministerial Conference on Counter-Terrorism Financing’ hosted by the Ministry of Home Affairs, the Prime Miinister said organisations and individuals that try to create sympathy for terrorists must also be isolated.

“There can be no ifs and buts interfering in such matters. The world needs to be united against all kinds of overt and covert backing of terrorism,” Modi said.

Without a larger strategy to strike  and cripple terror finances, tactical gains against terrorists would soon be lost, the prime minister said.

Asserting that the country would not rest till terrorism is uprooted, Modi said the long-term impact of terrorism is particularly hard on the poor and local economy.

“International organisations must not think that absence of war means peace. Proxy wars are equally dangerous and violent. There must be a cost imposed on countries that support terrorism,” the prime minister said.

Modi said one of the sources of terror funding is organised crime which must not be seen in isolation. “Anyone who supports radicalisation should have no support in any country,” the prime minister said.

“These gangs have deep links with terrorists. The money made in gun-running, drugs and smuggling is being pumped into terrorism…Action against organised crimes is extremely important in the fight against terrorism.”

He said all terrorist attacks deserved equal outrage and action. Only a uniform, unified, zero-tolerance approach could defeat terrorism, Modi stressed.

The two-day conference will build on two previous conferences held in Paris in April 2018 and Melbourne in November 2019, and work towards enhancing global cooperation to deny finances to terrorists and access to permissive jurisdictions to operate.

During the conference, 77 countries besides host India and 16 multi-lateral agencies like Interpol and Europol will deliberate on key issues related to restricting the flow of illicit money for funding terrorism, NIA Director General Dinkar Gupta said.

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