FATF statement comes amidst India’s renewed diplomatic push to have Pakistan re-included in grey list in light of its role in Pahalgam terrorist attack that claimed 26 lives.
Islamabad has shown ‘political commitment’ in combating terrorist financing, says Paris-based Financial Action Task Force. Pakistan was in ‘grey list’ since June 2018.
With 600-plus students who are taught to support jihadism, the sprawling complex in Bahawalpur, Punjab province, is one of more than a dozen that the Jaish runs across Pakistan.
Pakistan has been on the list of FATF since June 2018 for failing to check money laundering, leading to terror financing, & was given a POA to complete it by October 2019.
From convicting Lashkar-e-Taiba’s founder to banning several groups that have featured on global terror lists, Pakistan is eager to get off FATF’s grey list.
In the last FATF plenary in October 2020, the global watchdog for terror financing said Pakistan would continue in its grey list till February 2021 as it failed to fulfil 6 out of 27 obligations.
The Financial Action Task Force (FATF) will, during its plenary session from 22-25 March, decide on Pakistan’s ‘grey list’ status on alleged terror financing.
FATF is pleased that Pakistan has ‘largely completed’ 21 of the 27 tasks assigned to it, but says the country will come off the grey list when it finishes all tasks.
Country's used lithium-ion battery problem is also set to grow sharply in next decade. India 3rd largest e-waste producer with 7% global share but currently recycles only about 10% of it.
Shield AI will provide V-BAT vertical takeoff & landing drones along with licences for software, which will be integrated into aircraft and made available to select Indian partners.
No nation other than China can negotiate one-on-one with Trump on an equal footing. That’s why the middle powers who so far formed the core of multilateral bodies now feel orphaned.
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