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 between countries and the United Nations that helps combat terrorist activity by cutting off the sources of financing it. The agreement requires that all signatory states criminalize activities related to the financing of terrorism and freeze the funds or assets of groups or individuals suspected of financing terrorism. The agreement also requires signatories to cooperate in the investigation, prosecution, extradition, and trial of individuals suspected of providing money or goods to terrorists. The agreement was adopted in December of 1999, shortly after the September 11th attacks in the United States, and it has been signed by many countries (including the United States) since then. It requires countries to share information regarding suspected terrorist finances and ensure that any funds held by individuals and groups designated as terrorist organizations are frozen. In New Jersey, the Office of Homeland Security and Preparedness handles these matters. The TBT agreement is an important step in combating terrorism, as it attempts to block the funding, goods, and services that terrorists need to carry out their operations. It also helps promote international cooperation in the sharing of information, which is necessary in order to effectively combat terrorism.

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

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