Kuwait bans Somalia charcoal trade over terror financing

The Ministry of Commerce and Industry of Kuwait has brought to the attention of the concerned officials in the ministry to tighten control over the markets and ban the import of Somali coal fearing the money earned from coal export may be indirectly used in financing terrorist activities.

A letter issued by the United Nations, a copy of which has been received by the ministry, the revenues from the export of Somali charcoal are used to finance terrorist acts, or benefit terrorists, directly and indirectly.

The sources pointed out that the ban of charcoal import comes in the framework of the efforts of the United Nations to dry up the financial resources that fuel crime.

Source: Arab Times