Qureshi said 'some powers' desired to keep Pakistan in the FATF's 'grey list' and it needs to be looked at whether the global forum is being used for political purposes.
The Paris-based Financial Action Task Force (FATF) has now given Pakistan time until October to fulfil the previously set requirements along with the new action plan.
Holding the PML-N responsible for tough conditions set by FATF, Pakistan's foreign minister said that no previous govt took steps to curb money laundering and terrorist financing.
FATF’s October plenary will take a final call on whether Pakistan should be blacklisted for its failure to complete a 27-point plan, including acting against terrorists.
Action against Masood Azhar and Hafiz Saeed are among the 6 obligations set by FATF that Pakistan has failed to fulfil. Its performance will be reviewed at an FATF meet next week.
The Asia-Pacific Group has kept Pakistan in its 'Enhanced Follow-up' list, saying the country has improved full compliance on only two of the 40 FATF recommendations.
Virtual FATF plenary will take place from 21-23 October. China is expected to bat for Pakistan to come off ‘grey list’, while India pushes for blacklisting.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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