Pakistani delegation arrives in Paris to attend the Financial Action Task Force (FATF) meeting. The FATF meeting will continue in Paris until February 21, with an important decision on Pakistan’s future.
Federal Minister for Economic Affairs Hammad Azhar has arrived in Paris to represent Pakistan. The meeting will consider the steps taken by Pakistan as directed by FATF.
The FATF will hold its regular meeting tomorrow, while the FATF president will hold a press conference on Friday. It is pertinent to note that in January 2020, the FATF technical issues meeting was held in China, where members of FATF praised Pakistan’s efforts.
According to the Indian media report, with the help of China’s lobbying and private consultants, 75% of the chances are that Pakistan’s name will be removed from the FATF’s grey list.
According to the report, at a meeting in Beijing, China told a group of 39 countries that Pakistan was doing effective anti-terrorist activities. Pakistan needed 12 votes out of 39 votes to get out of the grey list.
The Financial Action Task Force has 39 members, including the United States, Britain, China, India, Turkey, and 37 members of the Gulf Cooperation Council and the European Commission.