US and GCC sign agreement to cut off terrorism funding

The US and the Gulf Co-operation Council (GCC) have signed an agreement to work more closely to choke off funding for extremist groups and prosecute donors, Emirati news outlet The National reported Sunday (May 21st).

The memorandum of understanding was signed during talks between US President Donald Trump and Gulf leaders in Riyadh on Sunday, on the final day of the US president’s visit to Saudi Arabia.

The document has not yet been made public, but White House adviser Dina Powell said she hoped the agreement would be the "farthest reaching commitment to not finance terrorist organisations" and that it would go beyond dismantling networks to prosecuting those involved.

The agreement also provides for the setting up of a centre to combat terrorism funding, the Saudi Press Agency reported.

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