Pakistan not on FATF ‘grey list,’ top Pakistani official tells Arab News

A modern view of Islamabad City Center and Blue Area, Islamabad, Pakistan. (Shutterstock)
Updated 23 February 2018

Pakistan not on FATF ‘grey list,’ top Pakistani official tells Arab News

ISLAMABAD: A senior Pakistani official told Arab News that Pakistan is not placed on ‘grey list’ of Financial Action Task Force (FATF) during its meeting in Paris that lasted from Feb. 21-23.

“We will be placed on the grey list in June,” the official said who was representing Pakistan in the meeting in Paris.

He said that Pakistan’s foreign policy has been successful in heading off the motion co-sponsored by the US that was seeking to place Islamabad on the so-called grey list immediately.

The government official also clarified, “there is no chance of placing Pakistan on the blacklist even after June.” He said that Pakistan will be placed on the grey list only if a joint action plan with the FATF is not reached in June or Pakistan fails to cooperate with the task force.

The FATF is an inter-governmental body established in July 1989 by a Group of Seven (G-7) Summit in Paris. Its objectives are to set standards and promote effective implementation of legal, regulatory and operational measures for combating money laundering, terrorist financing and other related threats to the integrity of the international financial system.

The FATF currently comprises 35 members and two regional organizations, representing most major financial centers in all parts of the globe along with observer countries, organizations and associate members.

Pakistan was on the FATF watch-list from 2012 to 2015.

A senior Pakistani diplomat based in Europe, who is close to team that represented Pakistan in the recent FATF meetings in Paris, told Arab News that it was Pakistan foreign policy that lead to this success.

The diplomat added that Pakistan will fully cooperate with the FATF and work on an action plan between now and June. “We are sure that Pakistan will not be placed in the grey list even in June,” the diplomat asserted.

Pakistan ‘wants to play its role’ for peace in Middle East – FO

Updated 12 January 2020

Pakistan ‘wants to play its role’ for peace in Middle East – FO

  • Work on foreign minister’s visit to Saudi Arabia, Iran and the United States being done
  • Pakistan’s strong relations with regional countries has made it an important player

ISLAMABAD: Pakistan Ministry of Foreign Affairs reiterated on Thursday that the country was going to play its role in restoring peace in the Middle East by working with other international stakeholders in the region.

“Pakistan welcomes de-escalation and wants to play its role in ensuring peace and stability in the region. We have seen that indication in United States President [Donald] Trump’s speech and are evaluating its contours,” the country’s foreign office spokesperson, Aisha Farooqui, said in her weekly media briefing in Islamabad on Thursday.

She said that Pakistan’s geographical position, along with its strong relations with regional countries and the United States, had made it a significant player in the Middle East.

“Pakistan has maintained that war is not the solution to any issue and made it clear that it will not become part of any regional conflict,” she said.

The spokesperson noted that Islamabad had enhanced its efforts to defuse tensions in the region and Foreign Minister Shah Mahmood Qureshi had contacted his counterparts in Iran, Saudi Arabia, the United Arab Emirates, Turkey and many other important states in this connection.

“All the international players, including Saudi Arabia, have said that the region cannot afford another war and asked for restraint from both parties [the US and Iran]. It’s a collective objective of all countries to ensure peace and stability in the Middle East,” she said.

Commenting on the foreign minister’s upcoming visit to Iran, Saudi Arabia, and the US, she said that “work on these tours has already started and they will take place as soon as dates are finalized with the respective countries.”

“We are very mindful for our brotherly and friendly relations with Saudi Arabia, Iran, and other regional countries. Pakistan and the US also enjoy longstanding relations and have contacts with each other through multiple forums including political and military leadership,” Farooqui said, adding that the foreign office had established a task force to continuously monitor the situation in the Middle East and inform the government about it along with its suggestions on a daily basis.

The spokesperson expressed hope that recent developments in the Middle East would not affect the ongoing Afghan peace process.

“Pakistan hopes that progress made on Afghan peace process will not come to a halt and the world community will not lose its focus as a result of the ongoing tensions in the Middle East,” she said.

Asked about the safety of Pakistani nationals in Iraq, she said the country’s embassy in Baghdad was on the alert to deal with any emergency situation.

“We are concerned about the safety of Pakistani citizens in Iraq and have issued an advisory in this regard. We have also instructed our mission in Baghdad to remain vigilant to deal with any emergency,” Farooqui said.