Russia will propose a draft resolution in the UN Security Council aimed at limiting cash flow to ISIS, the press secretary of Russia’s UN Mission, Alexei Zaitsev, told news agency RIA Novosti on Wednesday.

Source: Reuters

Russia will propose a draft resolution in the UN Security Council aimed at limiting cash flow to ISIS, the press secretary of Russia’s UN Mission, Alexei Zaitsev, told news agency RIA Novosti on Wednesday.

The resolution will focus on restricting the three main sources of revenue for the Islamic State: oil, the sale of antiquities and ransom from kidnappings. The resolution will demand that countries not purchase oil from Islamic State, stop paying ransoms and not buy items looted by the group.

"We are preparing [the resolution] and we hope it'll be adopted by the UN Security Council in the coming days," a spokesman for Russia's UN mission said.

According to Reuters, Russia has reason to be concerned about Islamic State since a number of militants from the Republic of Chechnya in southern Russia are reported to have joined the group. On Jan. 30, the Supreme Court of the Russian Federation classified ISIS as a terrorist organization whose activities are banned in the country.

The group's recent brutal killings of Jordanian and Japanese hostages have strengthened the resolve of UN member states to act against the organization, according to Reuters reporting. The Security Council issued a resolution condemning the group’s murder of a Jordanian pilot this week.

The increased activity of ISIS and its control of large parts of Iraq and Syria is one of the biggest challenges facing the global community today. According to U.S. government data, the group numbers about 30,000 fighters.

There is currently no united front fighting against ISIS: governmental troops of Syria and Iraq are waging battles against ISIS fighters, Iraqi and Syrian Kurds are also working against the group and an international coalition led by the United States is engaged in air strikes.

This combined report is based on information from RIA Novosti and Reuters.

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