Description
International efforts to disrupt terrorist and organized crime networks must pay special attention to how these networks are financed. Global trade in precious metals and gemstones has become a significant source of financing for both organized crime and terrorist groups. As the demand for materials bearing precious metals and stones continues to grow, criminal and terrorist networks will exploit weak national and international monitoring of the trade to finance activities that threaten us all. Public-private partnerships offer a real chance of increasing transparency and monitoring in the trade of precious metals and gemstones, thus undermining the financial foundation of global terrorist networks.
Information
- Author(s)
- Alexander Perelygin, Albert Selin and Vladimir Ivanov
- Publisher
- EastWest Institute
- Date / journal vol no.
- Policy Paper 4/2008
- Pages
- 11
