to carry out violence radicalise youth and raise financial resources the dark net is being used by terrorists to spread radical content and conceal their identities we need to understand the patterns of these dark net activities and find their solutions shah saidthe union home minister rued that there are countries that seek to undermine or even hinder our collective resolve to fight terrorism we have seen that some countries protect and shelter terrorists protecting a terrorist is equivalent to promoting terrorism it will be our collective responsibility that such elements never succeed in their intentions he said shah added that after august 2021 the situation in south asian region has changed and the regime change and the growing influence of al qaeda and isis have emerged as a significant challenge to regional security these new equations have made the problem of terror financing more serious three decades ago the whole world has had to bear the serious consequences of one such regime change the result of which we all have seen in the horrific attack of 911 along with al qaeda organisations in south asia like lashkaretaiba and jaishemohammed continue to spread terror he statedshah urged nations not to ignore terrorists safe havens or their resources it is important that this conference the participating countries and the organisations should not take a selective or complacent perspective of the challenges of this region the union home minister saidshah said that india has strengthened the fight against terrorism and its financing with the amendment of the unlawful activities prevention act uapa strengthening the national investigation agency nia and giving a new direction to financial intelligence it is the result of our continuous efforts that terrorist incidents in india have come down drastically which in turn has also resulted in a drastic reduction in the economic losses caused by terrorismhe opined that cooperation among countries in areas such as extradition prosecution intelligence sharing capacity building and combating the financing of terrorism cft is important in the fight against terrorism our mutual cooperation becomes even more important given that terrorists and terrorist groups easily coordinate and conjoin their resources across borders multilateral institutions such as the united nations and the presence of platforms such as the financial action task force fatf are most effective in terms of preventing terrorism in the field of cft fatf is playing an important role in setting and implementing global standards to prevent and combat money laundering and terrorist financing shah saidhe added india remains committed to all efforts to combat terrorism by sharing intelligence capacity building for effective border control preventing misuse of modern technologies monitoring and preventing illicit financial flows and cooperating in investigative and judicial processes he revealed indias strategy against the financing of terrorism is based on these six pillars1 strengthening the legislative and technological framework2 creation of a comprehensive monitoring framework3 actionable intelligence sharing mechanism and strengthening of the investigation and police operations4 provision for confiscation of property5 prevent misuse of legal entities