G20 Vows Enhanced Cooperation to Combat Terrorism Financing

© AFP 2023 / POOL/KAYHAN OZER Leaders attend the second working session at the G20 Summit in theTurkish Mediterranean resort of Antalya, on November 16, 2015
Leaders attend the second working session at the G20 Summit in theTurkish Mediterranean resort of Antalya, on November 16, 2015 - Sputnik International
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The Group of Twenty (G20) said in a statement Monday that it would boost cooperation on combating financing of terrorism.

ANTALYA (Sputnik) — G20 announced it's decision to step up cooperation on combating terrorism financing.

"We also remain committed to tackling the financing channels of terrorism, particularly by enhanced cooperation on exchange of information and freezing of terrorist assets, criminalization of terrorist financing and robust targeted financial sanction regimes related to terrorism and terrorist financing, included through swift implementation of Financial Action Task Force (FATF) standards in all jurisdictions," the group said in a statement.

Terrorism could not be associated with any religion, nationality or ethnic group, G20 leaders stressed.

"We reaffirm that terrorism cannot and should not be associated with any religion, nationality, civilization and ethnic group."

The fight against terrorism is a major priority for all G20 countries and will be carried out "in full recognition of the UN's central role."

"The fight against terrorism is a major priority for all of our countries and we reiterate our resolve to work together to prevent and suppress terrorist acts through increased national solidarity and cooperation, in full recognition of the UN’s central role, and in accordance with UN Charter and obligations under the international law, including international human rights law, international refugee law and international humanitarian law," the statement reads.

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The group strongly condemned the recent attacks in France's capital Paris and Turkey's capital Ankara, vowing closer cooperation on the fight against terrorism.

According to the group, recent terrorist attacks across the world have shown the need to increase international cooperation on fighting such crimes.

The G20 group of major economies has also agreed to work together on strengthening aviation security, according to a joint statement published Monday.

"We will work together to strengthen global aviation security," the statement reads.

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