BRICS countries to establish council to stop terrorist financing channels — Putin – Russian Politics and Diplomacy

STRELNA, September 12. /TASS/. BRICS member states plan to establish a council dedicated to combating terrorist financing channels, including money laundering, Russian President Vladimir Putin said at a meeting with senior representatives of BRICS countries responsible for security issues.

“One of the tangible results of the BRICS joint efforts is the establishment of a special electronic registry for exchanging data on cyber-attacks and incidents. And we are now in the final stages of approving the establishment of a BRICS council dedicated to countering terrorist financing and money laundering,” he said.

The ninth plenary meeting of the working group on counter-terrorism held in Moscow in July was a great success, Putin said, adding that the common approach of member states to combat bribery and return assets and proceeds from illegal criminal activities was given the green light within the BRICS group’s anti-corruption efforts at the suggestion of the Russian side.

Russia, which chairs the BRICS integration, pays great attention to security issues, the president stressed. “Meanwhile, we are building on the substantial experience that BRICS has gained in responding to the threats of terrorism, extremism, arms and drug trafficking, transnational crime and illegal migration,” he added.

The BRICS group was founded in 2006 by Brazil, Russia, India and China. In 2011, South Africa joined the four founding countries. On 1 January 2024, Egypt, Iran, the United Arab Emirates, Saudi Arabia and Ethiopia were integrated into the BRICS family.