What is the International Convention for the Suppression of the Financing of Terrorism (TBT)?

The International Convention for the Suppression of the Financing of Terrorism (TBT) is an international agreement that seeks to prohibit and prevent the financing of terrorism. It was adopted in 1999 by the United Nations General Assembly, and has been ratified by more than 160 countries, including Indiana. Through the TBT, countries commit to taking specific actions to stop the flow of money to terrorists. For instance, countries agree to criminalize the financing of terrorism, and to seize and freeze funds or other assets of entities that support terrorism. Countries also agree to share information between each other so that they can better detect, freeze, and confiscate terrorist assets. In addition, the TBT also encourages countries to cooperate with each other in the investigation and prosecution of those who finance terrorism. To strengthen international cooperation, countries must also ensure that their domestic laws and regulations comply with the TBT. The International Convention for the Suppression of the Financing of Terrorism sets an important framework to combat terrorism around the world. It puts pressure on countries to take specific measures to stop the funding of terrorism, and it encourages international cooperation on this issue. In short, it is an important tool in the fight against terrorism.

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What is the International Convention for the Suppression of the Financing of Terrorism (TBT)?

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