Pakistan may be out of FATF grey list by February due to support from 'all-weather ally' China, say

[Yankee-stani]

• Pakistan may be out of the 'Grey List' of the international terror financing watchdog FATF next month due to the active support of China and tactical support of some Western countries, an official said on Thursday
• At a meeting of the Financial Action Task Force (FATF) held in Beijing, Islamabad submitted its compliance report and got support from the FATF current chair and its "all-weather friend" China and a few Western powers
• China, which hosted the key meeting of the international terror financing watchdog, said on Thursday that Pakistan has made 'visible progress' to strengthen its counter-terrorism financing system, which should be encouraged by the world community

New Delhi: Pakistan may be out of the 'Grey List' of the international terror financing watchdog FATF next month due to the active support of China and tactical support of some Western countries, an official said on Thursday.

At a meeting of the Financial Action Task Force (FATF) held in Beijing, Islamabad submitted its compliance report and got support from the FATF current chair and its "all-weather friend" China and a few Western powers.

China, which hosted the key meeting of the international terror financing watchdog, said on Thursday that Pakistan has made "visible progress" to strengthen its counter-terrorism financing system, which should be encouraged by the world community.

The Paris-based Financial Action Task Force (FATF) Asia Pacific Joint Group met in Beijing this week to scrutinise Pakistan's progress report to adopt stricter laws against terror financing and money laundering. China is the President of the FATF and co-chair for Asia Pacific Joint Group.

A Pakistani delegation led by Minister for Economic Affairs Division Hammad Azhar is in Beijing to brief the financial task force about the steps taken by Islamabad to implement the recommendations made by the FATF.


File image of Pakistan prime minister Imran Khan. AP

Asked how China viewed Pakistan's progress, Chinese Foreign Ministry spokesman Geng Shuang told the media in Beijing that he has no information on the proceedings which is still going on but praised Islamabad's efforts.

"Pakistan has made great efforts to strengthen its domestic counter-terrorism financing system with visible progress. Its political will and active efforts should be recognised and encouraged by the international community," he said.

"We hope the FATF will continue to offer constructive support and assistance to Pakistan in its continued efforts to improve the counter-terrorism financing system and effectively fighting the terrorist financing," he said.

"As FATF president and co-chair for Asia Pacific Joint Group, China will continue to uphold an objective, just and constructive attitude and participate in relevant discussions," he said.

"The next plenary of the FATF will be held in February in Paris and Pakistan needs just 12 votes


https://www.firstpost.com/world/pak...weather-ally-china-say-officials-7954171.html

 

[Ritual]

But it can’t get out of the grey list unless 12 countries approve it, so how can China alone get Pakistan out?

 

[Dalit]

But it can’t get out of the grey list unless 12 countries approve it, so how can China alone get Pakistan out?

The answer lies in some Western countries.

 

[Foxtrot Delta]

 

[YeBeWarned]

But it can’t get out of the grey list unless 12 countries approve it, so how can China alone get Pakistan out?

If USA help us than most of its allies will follow the suite and Vote in favor of Pakistan, The honest struggle of this Govt is visible to the world and the General mood and perception is changing . Plus USA understands that their relationship with Pakistan is more than just Peace in Afghanistan, Pakistan is a big Market with Powerful Military with good influence over the region because of its Geo-strategic location .

 

[Kaniska]

• Pakistan may be out of the 'Grey List' of the international terror financing watchdog FATF next month due to the active support of China and tactical support of some Western countries, an official said on Thursday
• At a meeting of the Financial Action Task Force (FATF) held in Beijing, Islamabad submitted its compliance report and got support from the FATF current chair and its "all-weather friend" China and a few Western powers
• China, which hosted the key meeting of the international terror financing watchdog, said on Thursday that Pakistan has made 'visible progress' to strengthen its counter-terrorism financing system, which should be encouraged by the world community

New Delhi: Pakistan may be out of the 'Grey List' of the international terror financing watchdog FATF next month due to the active support of China and tactical support of some Western countries, an official said on Thursday.

At a meeting of the Financial Action Task Force (FATF) held in Beijing, Islamabad submitted its compliance report and got support from the FATF current chair and its "all-weather friend" China and a few Western powers.

China, which hosted the key meeting of the international terror financing watchdog, said on Thursday that Pakistan has made "visible progress" to strengthen its counter-terrorism financing system, which should be encouraged by the world community.

The Paris-based Financial Action Task Force (FATF) Asia Pacific Joint Group met in Beijing this week to scrutinise Pakistan's progress report to adopt stricter laws against terror financing and money laundering. China is the President of the FATF and co-chair for Asia Pacific Joint Group.

A Pakistani delegation led by Minister for Economic Affairs Division Hammad Azhar is in Beijing to brief the financial task force about the steps taken by Islamabad to implement the recommendations made by the FATF.


File image of Pakistan prime minister Imran Khan. AP

Asked how China viewed Pakistan's progress, Chinese Foreign Ministry spokesman Geng Shuang told the media in Beijing that he has no information on the proceedings which is still going on but praised Islamabad's efforts.

"Pakistan has made great efforts to strengthen its domestic counter-terrorism financing system with visible progress. Its political will and active efforts should be recognised and encouraged by the international community," he said.

"We hope the FATF will continue to offer constructive support and assistance to Pakistan in its continued efforts to improve the counter-terrorism financing system and effectively fighting the terrorist financing," he said.

"As FATF president and co-chair for Asia Pacific Joint Group, China will continue to uphold an objective, just and constructive attitude and participate in relevant discussions," he said.

"The next plenary of the FATF will be held in February in Paris and Pakistan needs just 12 votes


https://www.firstpost.com/world/pak...weather-ally-china-say-officials-7954171.html

China was always there for you.It is uncle sam who will bail you out in addition to China.

 

[SIPRA]

News is with reference to certain official. Who is he?

 

[LeGenD]

USA is the KEY in this matter. Misleading article.

 

[HAIDER]

USA is the KEY in this matter. Misleading article.

I think Trump will get the vote from .... all US need to hush the puppy and all will stand up.

 

[Hakikat ve Hikmet]

If true then not thanking Modi/Shah/Yogi etc. would be unfair....

No matter how much Owsisi, Madani, Hasina etc. and their cohort scums cry to please their Hindu masters in this world and the next, Pak is here to stay.....

 

[PradoTLC]

so happy indian republic day....

not much for indians to celebrate.. with their economy tanking, foriegn policy, international image etc

 

[IceCold]

It will be due to the support of China along with Malaysia, Turkey and now Saudi Arabia, UAE and Uncle SAM and if Uncle SAM throws its weight behind us, than it will be followed by countries like UK, Japan, Korea, France. All in all managing 12 countries to get out of the list should not be a problem. I do believe that Saudi Arabia and UAE will also play an important role in convincing US after Pakistan dropped from Summit.

 

[Tumba]

Yes FATF will place Pakistan out of Grey List and
All credit goes to USA ... Chinese could never pull you out of $hit if USA doesn’t wants the same thing...

 

[Vasher]

Well, the credit goes to optimal Foreign policy maneuvering in the past year. We have definitely made ourselves relevant again on the world stage.

 

[graphican]

On FATF, India is the lone voice - the isolated alone. Rest of the world stands with Paksitan and rightfully so, there is nothing which FATF could object to and now they have started to talk about land reforms.