Think20 calls on G20 to prioritize fight against financial support for terrorist activities
Antalya, Turkey – November 14, 2015 – The Think20, under the leadership of The Economic Policy Research Foundation of Turkey (TEPAV), upon agreement from its representatives, releases the following statement on the eve of the G20 Turkey Leaders’ Summit 2015:
“In response to the terrorist attacks in Paris last evening, the Think20 participants, representing member think tanks from around the world, express their deepest condolences, support and far reaching solidarity toward the people of France.
As highlighted in the September communiqué from the G20 Finance Ministers in Ankara, the fight against terrorism and its sources of funding is a major priority for G20 countries. The September communiqué reaffirmed a commitment to cutting the sources of financing that support horrific events, such as those that occurred in Paris last night.
Specifically, the Think20 reiterates the call from the finance ministers to strengthen and make more open the exchange of information and the freezing of assets associated with terrorist activity. A greater transparency of financial flows and a commitment from countries to the criminalization of terrorist financing and financial sanctions is necessary to restrict and eliminate terrorist financial flows.
Beyond that, action is necessary to address the economic and social underpinnings of terrorism. The Think20 calls on the G20 to prioritize its efforts in promoting global sustainable development and building the basis for longer-term shared prosperity.”
Tammy Bender, Centre for International Governance Innovation (CIGI) Tel: +1-519-998-1861, Email: email@example.com
The Economic Policy Research Foundation of Turkey (TEPAV) is a non-partisan, non-profit think tank based in Ankara, Turkey. It was founded in 2004 by a group representing business, government, and academia who believe in the power of knowledge and ideas in shaping Turkey's future. Aiming to contribute to public policy design, TEPAV seeks to enrich the knowledge content in Turkey's discussions. What sets TEPAV apart is its active involvement in economic and political development. TEPAV carries out projects, which actively contribute to economic development and bring together key policy and opinion makers to tackle the problems of the day. TEPAV chairs the Think 20 network in 2015. For more information, please visit www.tepav.org.tr.