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U.S.- EU Ministerial Statement on Combating Terrorism 20 September 2001
"In the coming days, weeks and months, the United States and the European Union will work in partnership in a broad coalition to combat the evil of terrorism. We will act jointly to expand and improve this cooperation worldwide. Those responsible for the recent attacks must be tracked down and held to account. We will mount a comprehensive, systematic and sustained effort to eliminate international terrorism -- its leaders, its actors, its networks. Those responsible for aiding, supporting or harboring the perpetrators, organizers and sponsors of these acts will be held accountable. Given the events of September 11, 2001 it is imperative that we continue to develop practical measures to prevent terrorists from operating.
"Our resolve is a reflection of the strength of the U.S.-EU relationship, our shared values, and our determination to address together the new challenges we face. The nature of our democratic societies makes it imperative to protect our citizens from terrorist acts, while at the same time protecting their individual liberties, due process, and the rule of law. The U.S. and the EU are committed to enhancing security measures, legislation and enforcement. We will work together to encourage greater cooperation in international fora and wider implementation of international instruments. We will also cooperate in global efforts to bring to justice perpetrators of past attacks and to eliminate the ability of terrorists to plan and carry out future atrocities. We have agreed today that the United States and the EU will vigorously pursue cooperation in the following areas in order to reduce vulnerabilities in our societies:
Aviation and other transport security
Police and judicial cooperation, including extradition
Denial of financing of terrorism, including financial sanctions
Denial of other means of support to terrorists
Export control and nonproliferation
Border controls, including visa and document security issues
Law enforcement access to information and exchange of electronic data"

EU STEPS UP FIGHT AGAINST FINANCING OF INTERNATIONAL TERRORISM
3 October 2001
The European Commission today proposed that Member States decide to freeze all funds held by 27 organisations and individuals suspected of supporting and financing terrorist activities. The proposed Council regulation constitutes a binding legal instrument that applies to the holding and transfer of funds within the European Community.
The draft regulation allows Member States to act quickly to block terrorist accounts and to effectively curb financing of terrorism. The proposal follows the European Council decision of Friday 21 September. The European Council called upon the Council to take the necessary measures to combat any form of financing of terrorist activities.
The proposed regulation intends to ensure a rapid and more coherent application of these measures throughout the EU. In order to prevent circumvention of different national measures it is considered necessary to apply restrictions on payments and movements of capitals within the European Community. The draft regulation contains in an annex a preliminary list of organisations and individuals potentially involved in the September 11 attacks in the U.S. This list might later be extended to others as the EU develops its campaign against terrorism.
This measure builds upon the Council Common Positions(1) and Community sanctions legislation(2) already in force, related directly to the freezing of funds and other restrictive measures with regard to the Taliban in Afghanistan under United Nations Security Council Resolutions. These measures continue to apply.
The Commission expresses its hope that the European Parliament will give its opinion with the utmost urgency, enabling the Council of Ministers to adopt this legislation as soon as next week.
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