Pakistan Removed From FATF’s ‘Gray List’ (File)
New Delhi:
India said today that Pakistan was forced to take a number of actions against terrorists, including those involved in the November 26 Mumbai attacks, after the Global Counter-Terrorism Funding Watchdog. FATF request to remove neighboring country from ‘Gray List’ of terrorism.
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However, India reminds the global community that it is in its interest to continue to take credible actions against terrorism and terrorist financing on its soil.
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FATF President T Raja Kumar told reporters today that the decision to remove Pakistan from the ‘Gray List’ of the Financial Action Task Force (FATF) was made at the end of a two-day meeting in Paris.
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Mr. Kumar said: “Pakistan has addressed the technical deficiencies to meet its action plan commitments related to the strategic deficiencies identified by the FATF in June 2018 and June/June/ 2021.
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In response, India said it understood that Pakistan would continue to work with the Asia Pacific Group on Money Laundering to further improve its anti-money laundering and counter-terrorism systems.
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“As a result of FATF surveillance, Pakistan was forced to take a number of actions against well-known terrorists, including those involved,” said Indian Foreign Ministry spokesman Arindam Bagchi. to attacks against the entire international community in Mumbai on November 26,” Indian Foreign Ministry spokesman Arindam Bagchi said in a statement. .
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“In the global interest, it remains clear to the world that Pakistan must continue to take credible, verifiable, irreversible and lasting actions against terrorism and finance,” Mr. terrorist support from territories controlled by it”.
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In a meeting in June, the FATF said it was keeping Pakistan on the “Gray List”, but said it could be removed after an on-site visit to verify progress.
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Pakistan was listed in 2018 for “defects related to strategic financing of counterterrorism”. Another FATF blacklist means that the country concerned is “non-cooperating” in the global fight against money laundering and terrorist financing.
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If the FATF blacklists any country, it could lead to a downgrade of that country by lending institutions such as the International Monetary Fund, the World Bank, the Asian Development Bank and the United Nations. European Union.
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India, one of 39 FATF members that includes the UK and the US, said Pakistan has sheltered terrorists and financed them despite the issue being raised on international platforms, such as such as the United Nations.
