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<p>The Islamic State of Iraq and the Levant (ISIL)’s main sources of revenue come
from oil sales and extortion. Other sources have included foreign donors, kidnap ransom
payments, and money stolen during its advances in recent months.</p><p> </p><p>As
part of our strategy to combat ISIL the UK led work on UN Security Council Resolution
2170 which was adopted unanimously on 15 August. It condemns ISIL, the al-Nusra front
and other terrorist groups listed under Al-Qaida sanctions. The resolution urges members
to take measures to choke ISIL’s sources of finance.</p><p> </p><p>We are working
with countries in the Middle East to counter the threat from terrorists and extremists
across the region. Combating ISIL and degrading its financial support is a priority
and we continue to discuss these issues with our partners, including Saudi Arabia
and Qatar.</p><p> </p><p>We are working closely with all our international partners
to intensify efforts to stem ISIL’s funding flows.</p>
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