Hezbollah remains a dangerous and determined actor on the global stage, despite the significant blows it has suffered in its ongoing confrontation with Israel, U.S. and European officials said following an international meeting on counterterrorism efforts.

The warning came during the 14th session of the Law Enforcement Coordination Group (LECG), held on July 9 and 10, and jointly organized by the U.S. State Department, the Justice Department, and Europol. The meeting brought together law enforcement officials, prosecutors, and financial experts from roughly 30 countries across the Middle East, South America, Europe, Africa, Asia, and North America.

In a media note released Thursday, the State Department said the LECG had assessed that the Iran-backed group “remains a dangerous organisation, determined to maintain its overseas footprint, with the ability to strike with little to no warning against targets around the world.”

Established in 2014 by the United States and Europol, the LECG aims to bolster international cooperation in disrupting Hezbollah’s global network, which has long been involved in terrorism, illicit finance, and criminal activity.

Despite the damage Hezbollah has sustained over the past year, including the death of its longtime leader Hassan Nasrallah, the loss of top commanders, the destruction of significant weapons stockpiles, and breaches to its internal security, the group continues to hold a broad support base within Lebanon’s Shiite community and maintains medium- and long-range missile capabilities, according to U.S. officials.

The group’s financial situation, however, was described as increasingly precarious. “LECG members discussed Hezbollah’s shaky financial state and agreed that it may seek to increase its fund-raising and procurement activities in the Western Hemisphere, Africa and other locales,” the media note said.

Participants at the meeting also emphasized the importance of recent steps taken by governments to dismantle Hezbollah’s financial lifelines and illicit schemes.

“Participants highlighted recent actions that governments have taken to counter Hezbollah’s financial mechanisms and criminal schemes, as well as its international terrorist operations,” the State Department said.

Officials from the U.S. Treasury Department and the National Counterterrorism Center also took part in the discussions.

The two-day meeting comes as Western allies seek to clamp down on Hezbollah’s global activities, which span across continents and include drug trafficking, money laundering, arms procurement, and covert operations targeting international interests.

While the group has been significantly weakened militarily, U.S. and European officials warned that Hezbollah’s capacity to operate abroad, often under the radar, remains intact and must be continuously challenged.

“Hezbollah remains a dangerous organisation, determined to maintain its overseas footprint,” the U.S. statement concluded.