Thu, 29 Sep 2022

Kuwait hosts workshop to fight terrorist financing

20 Sep 2022, 02:18 GMT+10

KUWAIT CITY, Sept. 19 (Xinhua) -- Kuwait hosts on Monday a regional workshop to enhance expertise and exchange information in combating terrorist financing with virtual currencies.

The two-day workshop convenes experts from the member states of the Terrorist Financing Targeting Center (TFTC), a multilateral network among the United States and six Gulf countries including Saudi Arabia, Bahrain, the United Arab Emirates, Kuwait, Oman and Qatar.

During his speech, Kuwaiti Assistant Foreign Minister for Development Affairs and International Cooperation Hamad Al-Mashaan said that the workshop will shed light on issues related to virtual currencies and the affiliate hazards they pose in financing terrorism.

"There is no doubt that the entire world suffers from terrorist threats and financing operations, which are trying to destabilize the region, damage the political and economic systems and threaten the international peace and security," he said.

He also mentioned the effective role of Kuwait in the field of combating terrorism and its financing, whether in joint international efforts or through regional meetings.

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