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Pakistan Promises To Achieve All FATF Targets On-Time Including Terror Financing

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Pakistan Foreign Minister Shah Mehmood Qureshi assured that Islamabad would achieve all targets of the Financial Action Task Force (FATF) and get Pakistan out of the anti-money laundering body’s grey list.

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Qureshi said “India has failed to get Pakistan included in the FATF blacklist. The country has been given various tasks until February 2020.”  Qureshi said the incumbent government would achieve all targets and bring the country out of the grey list.

He said India is facing crises as the world has neglected its viewpoint and the international civil society points out curfew and human rights violations in Jammu and Kashmir.

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Qureshi said the FATF recognised the steps taken by Pakistan to control money laundering and terror financing, urging the opposition parties to avoid any steps which could strengthen the Indian point of view. Qureshi said India had occupied Kashmir on October 27 and Pakistan would observe that date as the “black day”.

The FATF plenary meeting was held in Paris from October 13-18. Pakistan has been asked to swiftly complete its full action plan by February 2020 and failure to do so can lead to a downgrade to the blacklist, FATF President Xiangmin Liu said at a briefing Friday at the end of its plenary meeting in Paris. Pakistan has only largely addressed five of 27 action items, with varying levels of progress made on the rest of the action plan, according to a statement.

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