Pakistan Must Continue To Take Credible Action Against Terrorism': India Reacts To FATF Decision

Pakistan Must Continue To Take Credible Action Against Terrorism’: India Reacts To FATF Decision

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India on Friday said Pakistan must continue to take believable and sustained action against terrorism and terrorist backing after the country was removed from the’ slate list’ of the Financial Action Task Force. Foreign Ministry prophet Arindam Bagchi said due to FATF scrutiny, Pakistan was forced to take some action against terrorists, including those involved in the Mumbai26/11 attacks.

It’s in global interest that the world remains clear that Pakistan must continue to take believable, empirical , unrecoverable and sustained action against terrorism and terrorist backing expiringfrom homes under its control,” the MEA said in a statement.

As a result of FATF scrutiny, Pakistan has been forced to take some action against well- known terrorists, including those involved in attacks against the entire transnational community in Mumbai on26/11,” the MEA further said.

Pakistan was placed in the slate list in 2018 for failing to keep a check on plutocrat laundering and terrorist backing.We understand that Pakistan will continue to work with the Asia Pacific Group on plutocrat Laundering( APG) to further ameliorate its Anti plutocrat Laundering( AML) Counter Terror Backing( CFT) system,” the MEA further said.

In a statement, the FATF said there has been significant progress on part of Pakistan to combat fiscal terrorism and plutocrat laundering, performing in the country being taken off from the increased monitoring medium or the” slate list”.The decision was taken by the FATF in its grand held in Paris on October 20 21.

The FATF looked into the medium put in place by Pakistan to combat fiscal terrorism and plutocrat laundering. The platoon went down to Pakistan and set up the high position political commitment of Pakistan not only act to combat fiscal terrorism and plutocrat laundering but icing reforms and strengthen the system,” FATF chairman T Raja Kumar, who’s from Singapore, said at a press conference.

Due to it being on the slate list for over four times, cash- strapped Pakistan has faced difficulties in carrying fiscal backing from the IMF, the World Bank, the Asian Development Bank, and the European Union.a

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