Terrorism cannot, should not be linked to any religion, nationality or group: Amit Shah

India recognises that the threat of terrorism cannot and should not be linked to any religion nationality or group Union Home Minister Amit Shah said on FridayAddressing a session at the third No Money for Terror Ministerial Conference on CounterTerrorism Financing he said terrorism is undoubtedly the most serious threat to global peace and security but financing terror is more dangerousTerrorists are constantly finding new ways to carry out violence radicalise youth and raise financial resources he saidWe also recognize that the threat of terrorism cannot and should not be linked to any religion nationality or group Shah said adding India has fortified the security architecture as well as the legal and financial systems to fight the menaceDespite this terrorists are constantly finding new ways to carry out violence radicalise youth and raise financial resources The darknet is being used by terrorists to spread radical content and conceal their identities he saidAdditionally there is an increase in the use of virtual assets like cryptocurrency We need to understand the patterns of these darknet activities and find their solutions Shah saidAlso Read BJP will break all previous records in upcoming Gujarat Assembly polls Amit ShahAsserting that terrorism is undoubtedly the most serious threat to global peace and security he said But I believe that financing of terrorism is more dangerous than terrorism itself because the means and methods of terrorism are nurtured from such fundingFurthermore the financing of terrorism weakens the economy of countries of the world he said addressing delegates at the conference hosted by the Ministry of Home AffairsThe home minister said the transformation of terrorism from Dynamite to Metaverse and AK47 to Virtual Assets is a matter of concern for the countries and everyone have to work together to formulate a common strategy against itIn a veiled attack on Pakistan and China the home minister said there are countries that seek to undermine or even hinder our collective resolve to fight terrorismWe have seen that some countries protect and shelter terrorists Protecting a terrorist is equivalent to promoting terrorism It will be our collective responsibility that such elements never succeed in their intentions he saidShah said no one should ignore terrorist safe havens or their resources We also have to expose the doublespeak of such elements who sponsor and support themTherefore Shah said it is important that this conference the participating countries and the organisations do not take a selective or complacent perspective of the challenges of this regionTerrorists and terrorist groups now understand the nuances of modern weapons and information technology and the dynamics of the cyber and financial space very well and use them he saidAdditionally there is an increase in the use of virtual assets like cryptocurrency There is a need to understand the patterns of these darknet activities and find solutions to them Shah saidReferring to the regime change in Afghanistan the home minister said after August 2021 the situation in the South Asian region has changedThe regime change and the growing influence of AlQaeda and ISIS have emerged as a significant challenge to regional security These new equations have made the problem of terror financing more seriousThree decades ago the whole world had to bear the serious consequences of one such regime change the result of which we all have seen in the horrific attack of 911 he saidShah said in this background last years changes in the South Asian region are a matter of concern for everyone Along with AlQaeda organisations in South Asia like LashkareTaiba and JaisheMohammed continue to spread terror he saidIndia has been a victim of terrorism for several decades which is sponsored from across the border the home minister said adding Indian security forces and civilians have had to deal with incidents of extremely serious terrorist violence perpetrated in a sustained and coordinated mannerThe international community has a collective approach that terrorism must be condemned in all its forms But the forms and manifestations of terrorism are continuously evolving due to technological revolution he saidShah also referred to Indias action against terror financing and legislative changes made to strengthen its action against terrorists and terror groupsIt is the result of our continuous efforts that terrorist incidents in India have come down drastically This has also resulted in a drastic reduction in the economic losses caused by terrorism he saidThe home minister said the emerging trends of the illegal trade of narcotics and the challenge of narcoterror have given a new dimension to terror financingIn view of this there is a need for close cooperation among all nations Multilateral institutions such as the United Nations and the presence of platforms such as the Financial Action Task Force FATF are most effective in terms of preventing terrorism in the field of combating the financing of terrorism he saidShah said FATF is playing an important role in setting and implementing global standards to prevent and combat money laundering and terrorist financingIndia remains committed to all efforts to combat terrorism by sharing intelligence capacity building for effective border control preventing misuse of modern technologies monitoring and preventing illicit financial flows and cooperating in investigative and judicial processes the home minister addedThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever