Bahrain urges leaders to combat terror financing

Foreign minister tells international delegates that blocking terror funding ‘half the battle’ to defeating jihadists

Bahraini Foreign Minister Sheik Khalid bin Ahmed al-Khalifa speaking with journalists at a conference focused on combating international terror financing in Manama, Bahrain, on November 9, 2014. (photo credit: AP/Hasan Jamali)
Bahraini Foreign Minister Sheik Khalid bin Ahmed al-Khalifa speaking with journalists at a conference focused on combating international terror financing in Manama, Bahrain, on November 9, 2014. (photo credit: AP/Hasan Jamali)

MANAMA, Bahrain — Bahrain’s foreign minister said world leaders must do more to cut off funding for terrorist groups and prevent them from profiting from illegal businesses.

Sheik Khalid bin Ahmed al-Khalifa told a gathering of international delegates in the Bahraini capital Manama on Sunday that combating the financing of militants such as the Islamic State group “is half the battle to defeating them.”

The one-day Manama meeting was aimed at bringing together financial experts to improve the fight against extremist fundraising. It follows a meeting in Paris in September in which diplomats from around the world pledged to fight Islamic State militants.

It included representatives from several Arab nations as well as the United States, Europe and international bodies such as the World Bank and the International Monetary Fund.

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