Press release

UK welcomes UN resolution on terrorist kidnap for ransom

Foreign Secretary William Hague welcomes action against ransom payments to terrorists.

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

皇冠体育app United Nations Security Council has adopted unanimously its first standalone Resolution tackling terrorist kidnapping for ransom. It calls on all Member States to prevent terrorists from benefiting directly or indirectly from ransom payments and expresses the Council鈥檚 determination to secure the safe release of hostages without ransom payments or political concessions. For the first time the Council calls on Member States to work with the private sector to respond to terrorist kidnappings without paying ransoms.

Speaking after the Resolution鈥檚 adoption in New York, 皇冠体育app Foreign Secretary said:

I am delighted that the United Nations Security Council has adopted unanimously its first Resolution dedicated solely to tackling terrorist kidnapping for ransom.

Kidnap for ransom has become the most significant issue in tackling terrorist financing and remains a grave threat to the nationals of all countries. In the last three and a half years, we estimate that AQ-affiliated and other Islamist extremist groups have collected at least 105 million US Dollars in ransom payments. 皇冠体育app payment of such ransoms enables terrorists to increase recruitment, strengthens their ability to organise and carry out terrorist attacks, and provides an incentive for future kidnaps.

This Resolution makes clear the Security Council鈥檚 unity and commitment to addressing this ever growing threat and to breaking the vicious cycle of ransom payments strengthening terrorist groups and leading to further kidnapping.

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Published 27 January 2014