India’s efforts to push Pakistan into the blacklist failed again. FATF retained Pakistan on the gray list by June 2020.
According to the details, the meeting of the Financial Action Task Force (FATF) has been concluded in Paris. The meeting appreciated the progress made by Pakistan in various fields.
According to the statement, 9 additional issues were covered in the implementation of Pakistan’s action plan. FATF emphasized on the need for more work from Pakistan.
The FATF statement said that Pakistan is ensuring the implementation of the Action Plan. The decision on Pakistan will now be decided at a meeting in June.
The FATF meeting continued from February 16 to 21. Pakistani delegation led by Minister for Economic Affairs Hammad Azhar attended the meeting.
It should be noted that the Chinese Foreign Ministry had earlier stated in its message that Pakistan had taken significant steps against financing terrorists, which was praised by most members of the FATF.
It is to be noted that FATF added Pakistan to the gray list in June 2018. India had tried to push Pakistan in the blacklist.