Andrew Rosindell – 2015 Parliamentary Question to the Foreign and Commonwealth Office

The below Parliamentary question was asked by Andrew Rosindell on 2015-12-07.

To ask the Secretary of State for Foreign and Commonwealth Affairs, what non-military steps he is taking to prevent Daesh from selling oil; and what steps his Department is taking to prevent Daesh raising capital to finance their activities by other means.

Mr Tobias Ellwood

We hold regular bilateral and multilateral discussions on Daesh funding, including within the Global Coalition’s Counter ISIL Finance Group, which is co-chaired by the US, Saudi Arabia and Italy. Daesh has three main sources of funding: extortion from communities living in territory under its control; selling oil and antiquities; and donations from individuals. The UK has led efforts to create and enforce an international sanctions regime to cut off financial support for Daesh and other terrorist groups. We work with allies, particularly in the region, to ensure sanctions are enforced and that measures are being taken to stop the Daesh trade in oil and hydrocarbon products. Examples of this work include training local customs officials in the region to prevent oil smuggling. We are also focused on ensuring that individuals involved in brokering oil deals between Daesh and the Assad regime have been or will be sanctioned by the EU.