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Monday, July 28, 2014

Security Council bans oil trade with ISIS (PRST)

Statement by the President of the Security Council
ON ILLICIT OIL TRADE AS SOURCE OF REVENUE FOR TERRORISTS IN SYRIA AND IRAQ


The Security Council recalls its resolutions 1267 (1999), 1373 (2001), 1989 (2011), 2129 (2013), 2133 (2014), and 2161 (2104) stresses the obligation of the Member States to prevent and suppress the financing of terrorist acts, and expresses grave concern over the reports of the access to and seizure of oilfields and pipelines in Syria and Iraq by terrorist groups listed by the Security Council 1267/1989 Committee, namely "Islamic State in Iraq and the Levant" and "Jabhat Al-Nusra", and underscores in this regard that any trade of oil with these entities would be inconsistent with the Council's resolutions and that all States are required to ensure that their nationals and any persons within their territory do not trade in oil with these entities.

The Security Council reaffirms its strong commitment to the sovereignty, independence and territorial integrity of Syria and Iraq, and in this regard, strongly Condemns any engagement in direct or indirect trade of oil from Syria and Iraq involving terrorist groups. The Security Council also emphasizes that such engagement constitutes financial support for terrorists and may lead to further sanctions listings if those groups are listed by the Security Council 1267/1989 Sanctions Committee as associated with Al-Qaida.

The Security Council notes with concern that any oilfields and related infrastructure controlled by terrorist organizations could generate material income for terrorists, which would support their recruitment efforts, including of foreign terrorist fighters, and strengthen their operational capability to organize and carry out terrorist attacks.

The Security Council reminds all States that they are required to ensure that their nationals and any persons within their territory not engage in any commercial or financial transactions with or for the benefit, directly or indirectly, of the "Islamic State in Iraq and the Levant" and "Jabhat Al-Nusra" notably with respect to oil in Syria and Iraq.

The Security Council also emphasizes the importance of all Member States upholding their obligation to ensure that their nationals and persons within their territory do not make donations to individuals and entities designated by the Security Council 1267/1989 Committee.

The Security Council calls upon all Member States, should any information on such activities be available to them, to bring it to the notice of the 1267/1989 Sanctions Committee and cooperate closely with the Security Council in this regard.
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