'No Money For Terror' Ministerial Conference | 08 Nov 2019

Why in News

The Minister of State for Home Affairs attended 'No Money For Terror' Ministerial Conference on 7th November 2019 in Melbourne, Australia.

  • This was the second conference of its kind, dedicated to the fight against terror financing. The first such meeting held in Paris in 2018.
  • The Conference is organised by Financial Intelligence Units (FIUs) of over 100 countries, jointly called The Egmont Group.
  • 65 nations participated in the 2019 conference.
  • India will host the next 'No Money For Terror' Conference in 2020.

India’s Stand at the Conference

  • Zero - Tolerance Approach Towards Terror:
    • India called for a united global effort against all those who support terror or help generate finances for terror.
    • India pointed out how terror groups are active on social media and that undermines any ban the United Nations (UN) might have.
  • Proposed Points for Inclusion in the Resolution:

Source: PIB