The 1st NMFT conference was held in Paris, France, on 25-26 April 2018. This conference emphasized upon an integrated approach to countering terrorism and terrorism financing to step up national and collective involvement. The Ministers and Heads of International organisations had met for deliberating on combating the financing of Daesh and Al-Qaeda. The need for reinforcing the domestic legal and operational frameworks to collect, analyse and share information by national authorities by effective cooperation among various governmental agencies, improved reporting, developing and implementing guidelines and indicators of suspicious transactions for the private sector, improving disruption strategies and raising awareness were discussed. This conference had underlined that cooperation among nations and organisations was crucial for countering terrorism and terrorism financing. It had set the agenda to step up the national and collective involvement in the fight against the financing of terrorist individuals, groups, undertaking and entities associated with ISIL (Daesh) and Al Qaeda, which is in sync with the international goal of effective action against this menace.