Its [U.S.] containment policy, Watts explained, is designed to wall ISIS into increasingly restricted territory and letting it fail due to its own mismanagement, economic problems, and internal discord, rather than because of the actions of a foreign oppressor.If you want to establish an Islamic caliphate in the Middle East and engage in an apocalyptic battle with the West, you need financial resources to do so. Hence, the United States has been pursuing a financial as well as military containment policy.
But those efforts won't succeed unless the countries of the world joins us in both abandoning any financial transactions with ISIS and policing private entities within their own borders who might attempt to do so. That's why, as U.N. Ambassador Samantha Power wrote, last week Treasury Secretary Jack Lew took on the role of foreign diplomat.
...to defeat these terrorist groups -- as we must and will do -- the United Nations must reach beyond the expertise of foreign ministries, and our traditional means of countering State aggression.That is an innovative approach to how the U.N. might function in a world of asymmetrical threats. The idea that it is not simply a place for foreign ministers to discuss state-on-state military matters, but is also a place to organize global action related to terrorism financing means that it can be a vehicle for strategies that address 21st century challenges.
Instead, we must look to the policymakers who are developing innovative tactics to fight these groups, from strengthening border security and countering violent extremism in communities to choking off various sources of ISIL's financing.
On Thursday, Secretary Lew is chairing the first-ever meeting of U.N. Security Council finance ministers to intensify international efforts on combating terrorist financing. We recognize that if we want to cut off ISIL's access to the international financial system and prevent it from raising, transferring and using funds, we need other countries on board.
I am reminded of the approach a lot of Republicans have taken to the United Nations - from former Ambassador to the U.N. John Bolton's casual reference to "losing 10 stories" of their building in NYC to continuous efforts by Congressional Republicans to defund it.
What we have seen from the Obama administration is a strengthening of the United Nations (and other coalitions like NATO) as a way to establish the kinds of partnerships that are necessary to accomplish everything from a global climate accord to a plan to end the Syrian civil war to cutting off the flow of financial resources to ISIS.