New Delhi
India has welcomed the Financial Action Task Force decision to actualise the grey-listing of Pakistan.

In response to a query, MEA Official Spokesperson Raveesh Kumar said, “India welcomes the decision of the Financial Action Task Force to place Pakistan in its Compliance Document for ICRG monitoring.

Pakistan has given a high-level political commitment to address the global concerns regarding its implementation of the FATF standards for countering terror-financing and anti-money laundering, especially in respect of UN designated and internationally proscribed terror entities and individuals.”

The FATF plenary that concluded in Paris on Friday unanimously agreed to implement the February decision to grey-list Pakistan for failing to counter terror-financing. This despite Pakistan’s arguments that it has cracked down upon internationally proscribed terror outfits and is a victim of terrorism itself. Pakistan will now have to demonstrate compliance of the FATF blueprint moving ahead else it can be moved to a black list next year.

“The freedom and impunity with which the designated terrorists like Hafiz Saed and entities like Jamaat-ud-Dawaa, Lashkar-e-Tayabba, Jaish-e-Mohammed continue to operate in Pakistan is not in keeping with such commitments. We hope that the FATF Action plan shall be complied with in a time-bound manner and credible measures would be taken by Pakistan to address global concerns related to terrorism emanating from any territory under its control,” said Raveesh Kumar.