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Russia, US should jointly look into sources of IS financing — Kremlin administration

November 12, 2015, 15:20 UTC+3 MOSCOW
The joint research should become the start of concrete work on revealing concrete states, individuals and legal entities involved in financial support for IS, Kremlin chief of staff says
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© AP Photo/Militant Website, File

MOSCOW, November 12./TASS/. Russia and the United States should continue joint work to counteract the financing of terrorists, the head of the Kremlin administration, Sergey Ivanov, said at talks with the president of the Financial Action Task Force (FATF), Shin Je-Yoon.

"Research into the sources of financing of Islamic State, held this year at the US initiative and with the active participation of Russia should not draw a line under joint work, but become the start of concrete work on revealing concrete states, individuals and legal entities involved in financial support for IS," he said.

None of the states "can function efficiently if it takes no effort to fight corruption and counter the financing of terrorism," he said.

"I don’t rule out that during the G20 summit that will take place in Turkey next week, the leaders will seriously look into the issues connected with the financing of terrorism, and first of all the financing of Islamic State," Ivanov said.

He reminded the interlocutor that he had recently taken part in a conference of the states parties to the UN Convention against Corruption held in Russia’s St. Petersburg, marking visible progress made by the conference.

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