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G-7 Ministers Agree to Block Funds to Terrorists
The Group of Seven (G-7) major industrial powers pledged Tuesday to strengthen cooperation to block the flow of funds to international terrorists in the wake of the Sept. 11 terror attacks in the United States.
''Since the attacks, we have all shared our national action plans to block the assets of terrorists and their associates,'' G-7 finance ministers said in a statement released after a teleconference.
''We will integrate these action plans and pursue a comprehensive strategy to disrupt terrorist funding around the world,'' the statement said.
The G-7 countries are Britain, Canada, France, Germany, Italy, Japan and the U.S.
Japan's Finance Minister Masajuro Shiokawa said the G-7 ministers agreed to freeze assets suspected of being linked to terrorists in line with a decision announced by U.S. President George W. Bush on Monday.
The G-7 countries ''will implement measures as early as possible'' after examining a list released by the White House of 27 individuals and organizations subject to the asset freeze in the U.S., Shiokawa told reporters.
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