After the initial legal action taken against Barakat, the trend has been to look elsewhere. Abdo’s ministers have downplayed Hezbollah’s presence in their borders. There have been no high profile arrests of suspected Hezbollah financiers since Paraguay issued Barakat’s arrest warrant last year. High profile money laundering cases looking into members of the Lebanese merchant community suspected to have ties to Hezbollah have been stymied. And although Paraguay recently extradited Nader Mohamad Farhat, whom a U.S. official publicly called “a Hezbollah supporter,” to face drug trafficking and money laundering charges, his investigation and arrest happened before Abdo came to power. Abdo’s presidency has done next to nothing to recognize, let alone combat the problem.

Hezbollah’s terror finance operations in Latin America will not come to an end as a result of a ministerial summit. The summit, rather, seeks a belated recognition of the problem and a readiness to adopt legal tools to confront it by regional governments – both indispensable preconditions for a real fight against terrorism to begin. America’s allies must rise to the occasion and finally be ready to combat Hezbollah’s terrorist threat on their own turfs.

Emanuele Ottolenghi is a Senior Fellow at the Foundation for Defense of Democracies.