Union Minister of State for Home Affairs, Shri Nityanand Rai headed the Indian Delegation to the 4th No Money for Terror (NMFT) Conference held at Munich, Germany on 13th February 2025. The conference had four sub-verticals i.e. Multilateral cooperation, Financing methods for terrorism, Financial inclusion & Risk-based approach and Terrorist Financing & Organized Crime.
Union Minister of State for Home Affairs, Shri Nityanand Rai raised concerns that terror financing increasingly has cross border linkages in terms of a flow of funds and due to the development of new digital technologies, the sources, methods and channels used for flow of assets by terrorists are becoming increasingly more complex and pose a significant challenge to global security.
Union Minister of State for Home Affairs said that unity amongst nations is essential in the fight against Terrorism, and under the leadership of Prime Minister Shri Narendra Modi India stands steadfast with the global community in this fight against the scourge of Terrorism.
Union Minister of State for Home Affairs, Shri Nityanand Rai expressed gratitude to the German Government for hosting the conference on the crucial issue of Countering terror financing and effective multilateral cooperation to develop a shared understanding of the risks and take forward the discussions from NMFT Conference 2022 held in New Delhi.
Shri Nityanand Rai lauded the initiative of NMFT Conference and expressed the need for permanency for this unique initiative of NMFT by setting up of a NMFT Secretariat in India, the idea of which was also mooted in the NMFT conference 2022 held in New Delhi, to sustain the continued global focus on countering the financing of Terrorism. Union Minister of State for Home Affairs also held Bilateral meetings with Dignitaries from Singapore and Turkey.