OSCE Conference Focuses on Countering Terrorist Financing, Transnational Organized Crime

BUSINESS TURKMENISTAN
OSCE Conference Focuses on Countering Terrorist Financing, Transnational Organized Crime
Participants noted the need to further expand cooperation between the OSCE participating states in order to promptly respond to the modern challenges and threats.

OSCE Regional Conference on Countering Terrorist Financing and Transnational Organized Crime held online on Tuesday.

The Conference was organized by the Ministry of Foreign Affairs of Turkmenistan and the Ministry of Finance and Economy of Turkmenistan in cooperation with the OSCE Transnational Threats Department, the Ashgabat-based Orient news outlet reports.

The event was attended by representatives of the countries of Central Asia and other OSCE participating states, senior experts, representatives of the private sector and civil society, and the UN and other international organizations.

The experts presented international experience in the field of countering the financing of terrorism and the financing of foreign terrorist fighters and noted the important role of strengthening cooperation and information exchange between all stakeholders from the public and non-governmental sectors.

The Conference also highlighted the latest trends in financial schemes used by terrorists, and discussed a comprehensive effort to curb them through financial investigations, public-private partnerships and preventing the use of non-profit organizations to finance terrorism.

During their speeches, the participants noted the need to further expand cooperation between the OSCE participating states in order to promptly respond to the modern challenges and threats.

The Conference discussions also built on the recommendations made during the OSCE High-Level Regional Conference on Countering Terrorist Financing and Addressing Potential Links with Organized Crime, organized in Ashgabat on 17 to 18 April 2019.

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