US to monitor Qatar’s charitable systems and suspicious financial transfers

Qatar Emir Sheikh Tamim bin Hamad Al-Thani. (File photo: AFP)

Qatar has agreed to increase efforts in cooperation with the United States to stop terrorists from receiving financing, the Trump administration announced Monday.

Treasury Secretary Steven Mnuchin announced the new agreement following an overseas meeting with Qatari officials, according to the Washington Examiner.

It was the second trip to Qatar in a week by a Cabinet-level official, following Secretary of State Rex Tillerson’s most recent travel.

The meetings are part of a Trump administration effort to end a key US partner’s surreptitious support of terrorism, the site added.

“We affirm that the United States and Qatar will significantly increase our cooperation on these issues to ensure that Qatar is a hostile environment for terrorist financing,” Mnuchin said in a Monday statement.

Those efforts will include the development of a new system for Qatari officials to designate terrorists for sanctions, as well as information sharing to crack down on private sector funding of jihadist groups. That will allow the two sides to begin “substantially increasing the sharing of information on terrorist financiers in the region,” Mnuchin said.

Qatar’s support for terrorism has been a major diplomatic priority over the last year. President Trump called on Arab nations to “strip [terrorists] of their access to funds” during his trip to Saudi Arabia in May, the first trip abroad of his presidency.

It added that Tillerson’s team has used the crisis to induce Qatar to make new concessions regarding terror financing.
 

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Last Update: Wednesday, 20 May 2020 KSA 09:50 - GMT 06:50
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