French Foreign Minister Laurent Fabius has called for an end to the flow of money to the terrorist ISIL group operating in Iraq and Syria.
Fabius made the remarks during a joint press briefing with his Iraqi counterpart, Ibrahim al-Jaafari, in the French capital, Paris, on Monday.
Fabius said many of the participants at the Paris conference spoke of the need to sever ISIL’s access to money.
For his part, Jaafari also stressed the need to stop the flow of militants into Iraq.
The remarks come as top officials from 30 countries and international organizations are attending a conference in Paris which is aimed at discussing measures to counter the militant group.
Earlier in the day, French President Francois Hollande and Iraqi President Fuad Masum called for a global response to terrorism with Masum urging coordinated military strikes against those parts of Iraq and Syria in the hands of the ISIL and the elimination of their funding.
“There can be no sanctuary,” Masum said, adding, “We have to dry up their sources of financing.”
The participants have released a statement, pledging appropriate military assistance to Baghdad, but the nature of the aid has not been specified.
The Takfiri ISIL terrorists currently control parts of eastern Syria and Iraq’s northern and western regions. They have committed heinous crimes and threatened all communities, including Shias, Sunnis, Kurds, Christians and Izadi Kurds, during their advances in Iraq.
The West and its regional allies, including Qatar, Saudi Arabia, and Turkey, are giving financial and military support to the militants.
The terrorist group has links with Saudi intelligence and is believed to be supported by the Israeli regime.
Senior Iraqi officials have blamed Saudi Arabia, Qatar and some Persian Gulf Arab states for the growing terrorism in their country.