The term global or international terrorism means terrorism involving citizens of more than one country. Similarly, a “terrorist group” represents any group practicing, or that has significant sub-groups that practice international terrorism. No doubt, the threat of terrorism has acquired the worst dimensions today. Contemporary international law has been finding itself in a very difficult situation to devise various measures to tackle this insurmountable problem. Terrorism has also emerged as a serious threat to the democratic values and to the international peace and security. Global community, today, seeks strongest possible measures to prevent the financing of terrorist activities, strengthen border controls and increase cooperation among law enforcement agencies in different countries, besides other measures, like technical assistance and specialized training in key areas, such as, airport security, port and maritime security, customs and border security, and legislation and legal assistance capacity building.