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1st LD: UN Security Council adopts resolution to cut off Islamic State funding

Xinhua, December 18, 2015 Adjust font size:

The UN Security Council on Thursday unanimously adopted a resolution to cut off funds for the Islamic State the extremist group, in a firmer move by the international community to fight terrorism.

Measures such as asset freeze, travel ban and arms embargo will be taken against the Islamic State, also known as the ISIL and Daesh that controls large swaths of Syria and Iraq, including oil and gas fields, according to the resolution.

The resolution was adopted by the 15-nation UN body at an open meeting chaired by U.S. Treasury Secretary Jacob Lew, whose country holds the rotating council presidency for December.

"As Daesh and other terrorist groups disseminate their hateful propaganda and ratchet up murderous attacks, we must join forces to prevent them from acquiring and deploying resources to do further harm," UN Secretary-General Ban Ki-moon said before the council voted 15-0 to adopt the new resolution, jointly drafted by the United States and Russia. Endit