Kuwait- 'World must help do more to eradicate terrorism fund...| MENAFN.COM

Thursday, 20 January 2022 10:51 GMT

Kuwait- 'World must help do more to eradicate terrorism funding'

(MENAFN- Arab Times) KUWAIT CITY Oct 28 (KUNA): Kuwait underlined importance of further global efforts to eradicate terrorism and its financing resources and called for abiding by UN Security Council (UNSC) resolutions 2170 and 2178 regarding terrorism namely ISIL and foreign fighters. 'Terrorism is not restricted to special areas but is threatening countries of the whole world' First Deputy Prime Minister and Foreign Minister Sheikh Sabah Al- Khaled Al-Hamad Al-Sabah said in a speech at the UN House to mark the UN Day 2014.

UNSC resolution 2170 aims at cracking down on terrorist organizations in the region while resolution 2178 aimed at squeezing grip on foreign terrorist fighters joining outlawed groups in the region. Sheikh Sabah Al-Khaled appreciated UN Secretary General Ban Kimoon's unprecedented initiative to honor His Highness the Amir Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah last month as a 'Humanitarian Leader' and Kuwait as a 'Humanitarian Center.'

The UN honoring he added was in appreciation of His Highness the Amir's relentless humanitarian work to alleviate the suffering of the people in need around the globe. He noted that Kuwait celebrated last year the 50th anniversary of its UN membership. Kuwait' said Sheikh Sabah Al- Khaled has been living up to its international obligations and has recently donated USD five million to the World Health Organization (WHO) to help it in its efforts to combat Ebola virus.

Kuwait is also attaching great attention to renewable energy and has already adopted certain measures to decrease greenhouse gas emissions for the sake of addressing global warming he said. Kuwait he added also began using clean energies and environmental- friendly materials. He hoped the international efforts succeed in addressing global warming in order to have more stable and safe climate. Sheikh Sabah Al-Khaled meanwhile called anew for reforming the UN and to expand permanent membership of the Security Council in order to achieve justice and democracy within the international organization.

Meanwhile Minister of Social Affairs and Labor Hind Al-Sabeeh in another speech said the UN Day marked the 50th anniversary of the establishment of the first UN office in Kuwait. 'This year materialized strong cooperation between the State of Kuwait and the UN' added Al- Sabeeh also Minister of State for Planning and Development. She said Kuwait was proud of the UN honoring of His Highness the Amir which resulted from endless humanitarian contributions to the needy around the world and to the relevant UN agencies.

Al-Sabeeh said cooperation between Kuwait and the UN contributed to improvement of social statistical and development domains in Kuwait. She said the UN Development Program (UNDP) was carrying out a great role in the improvement of manpower in Kuwait in order to meet international labor standards. Mubashar Riaz Sheikh UN Resident Coordinator commended His Highness the Amir's humanitarian contributions that alleviated suffering of people worldwide. He praised the government of Kuwait's great support for the UN and highlighted the 'active contributions' of the Kuwaiti youth who represented more than 60 percent of population. Sheikh said he was looking forward to boosting strategic partnership with Kuwait. After the speeches the UN honored Dr. Abdullah Al-Maatouq Head of the International Islamic Charitable Organization (IICO) and UN Secretary General's Humanitarian Envoy and Amiri Diwan Advisor for his efforts to promoting humanitarian causes

Commended Financial Business Group also known as FATC which is in charge of allotting international criteria for controlling money laundering activities and financing of terrorism has commended the procedures and steps taken by Kuwait in this regard. In a press statement to KUNA Minister of Finance Anas Al-Saleh said FATC has indicated its intention to dispatch a specialized team to the country at the beginning of 2015 to check if the allotted conditions have been applied practically as a preliminary step to take Kuwait out of the inspection list. He affirmed his trust in the National Committee for Controlling Money Laundering and Financing of Terrorism which is an independent committee under the supervision of the minister.

Al-Saleh said Kuwait pledged in June 2012 to collaborate with FATC to correct any flaws in the concerned control systems affirming the these systems have been developed for better monitoring of money laundering activities and financing of terrorism. He explained that the plan in this regard includes criminalizing the financing of terrorism allotting procedures to freeze the assets of terrorists and obligating financial institutions to inform the concerned authorities about any suspicious transactions. The minister added that these efforts have resulted in the issuance of Law 106/2013 and its executive byelaw for controlling money laundering and financing of terrorism

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