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<p>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.</p>
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