• News
  • World

Pakistan gets reprieve from FATF on terror watch-list: Asif

Pakistan gets reprieve from FATF on terror watch-list: Asif

She was responding to a question on a tweet from Pakistan's Foreign Minister Khawaja M Asif, that there was no consensus at the FATF meeting to place Pakistan in the grey list which is a watch-list of countries that need to do more in relation to anti-money laundering and combatting the financing of terrorism. He further said the Asia Pacific Group, which is part of FATF, was asked to consider another report in June.

Pakistans Foreign Minister Khawaja Asif took to social media early this morning to announce that "our efforts paid" and "no consensus for nominating Pakistan" for the watch-list was reached at the conclusion of meeting on the US-led motion.

"It is Pakistan's diplomatic failure", Imran Khan while commenting on the meeting of the FATF - an global body aims at to combat money laundering and terror financing - held in Paris to deliberate upon a United States motion to place Pakistan in FATF's grey list over non-compliance of its set standards which bars money laundering and terrorist financing.

Asif in a midnight tweet thanked "friends" who helped Pakistan avoid a major worldwide embarrassment.

She elaborated that the USA had been concerned about Pakistan's actions for a long time. "That would be a punishment for Pakistan because the economic situation right now is quite precarious".

The global community continues to have concerns about deficiencies in Pakistan's anti-money-laundering and counterterrorism financing system, even though Islamabad has begun taking steps to address the flaws, the official said.

The reprieve comes a week after Pakistan quietly amended its anti-terror laws to ban groups listed as terrorists by the United Nations.

Asif, who is on a three-day trip to Russia, is accompanied by Special Secretary Tasneem Aslam, Ambassador of Pakistan to Russia Qazi M Khalilullah and Additional Secretary Zaheer Janjua.

This will increase the cost of opening letter of credits for trade purposes.

"Today, we can state that cooperation with Pakistan features prominently on the list of Russia's foreign policy priorities", Russian Foreign Ministry spokeswoman Maria Zakharova said last week in Moscow.

Both the Foreign Ministers expressed satisfaction at the increasing bilateral cooperation and agreed to further intensify efforts to deepen cooperation in all areas of mutual interest. The negative decision by the FATF will have the force to affect the global credit ratings, which will in turn increase cost of borrowings for the government.

At present, the 11 jurisdictions are on the high risk and monitoring list of the FATF, which include North Korea, Iran, Iraq, Syria, Yemen and Ethiopia.

Those commitments remained unmet even as the Fatf meeting got underway going by the videos of Saeed, a designated terrorist, preaching his message of hate that Islamist groups continue to distribute online.

This is unedited, unformatted feed from the Press Trust of India wire.

Leave Your Comment

Leave Your Comment


Latest News

  • Pakistan's top court rules against disqualified PM Sharif

    Pakistan's top court rules against disqualified PM Sharif

    Fawad Chaudhry, spokesman for the Tahrik-e-Insaf party of cricketer-turned-politician Imran Khan, welcomed the court ruling. Minister of State for Information Marriyum Aurangzeb told Geo News the decision was in line with her expectations.
    UN Security Council to vote on Syria ceasefire

    UN Security Council to vote on Syria ceasefire

    Observatory head Rami Abdel Rahman said at least 72 children were among the 312 people killed in strikes since Sunday. He said reports were "misleading" adding: "You know what?" "People are in the shelters and shops are closed".
    UK Not Looking For

    UK Not Looking For "Race To The Bottom" After Brexit, Davis Says

    The European Commission document comes amid ongoing negotiations on future relations between the EU and the UK. We want to maintain your access to markets across Europe , and beyond. "We are a nation of innovators".
  • Pence planned to meet North Koreans at Olympics, but Pyongyang canceled

    Pence planned to meet North Koreans at Olympics, but Pyongyang canceled

    The Vice President was due to meet Kim Jong Un's sister at the Winter Olympics, but the U.S. claims Pyongyang abruptly pulled out. He continued, saying North Korea had a "desire to whitewash their murderous regime with nice photo ops at the Olympics ".
    Rick Gates is reportedly about to plead guilty to Robert Mueller

    Rick Gates is reportedly about to plead guilty to Robert Mueller

    The investigation into the two men is centered on foreign lobbying work they did before they worked on Trump's campaign. Skadden's $12,000 fee for its 2012 report on Tymoshenko was modest, just below the amount that required public bidding.
    Joint Korea Winter Asian Games proposed

    Joint Korea Winter Asian Games proposed

    The US and South Korea announced on Tuesday that drills would resume after the Olympics . Alliance solidifies the dates, we will publish that".
  • NCAA strips Louisville of all wins from 2011-2015, including 2013 championship

    NCAA strips Louisville of all wins from 2011-2015, including 2013 championship

    This includes the 2013 championship and an appearance the previous year in the tournament semi-finals known as the 'Final Four'. WKYT will be live in Louisville this evening breaking down the NCAA sanctions and the impact it will have on the university.

    Raw's Gauntlet Match Proves The Show Needs To Cut The Third Hour

    Braun Strowman defeated Elias, Finn Balor, John Cena , Roman Reigns , Seth Rollins , and The Miz (w/Bo Dallas & Curtis Axel). WWE will do its best to make Nia look strong, but she isn't going to be the one that breaks Asuka's undefeated streak.
    Supreme Court Won't Hear Challenge To Calif. Gun Waiting-Period Case

    Supreme Court Won't Hear Challenge To Calif. Gun Waiting-Period Case

    Supreme Court declined to hear a Second Amendment case challenging California's 10-day waiting period for firearms purchases. The court would take these cases because abortion, speech and the Fourth Amendment are three of its favored rights.
  • Google Assistant is now built into the Nest Cam IQ indoor camera

    Google Assistant is now built into the Nest Cam IQ indoor camera

    Along with the software update, Nest is adding a new $5 / 5-day subscription plan to its Nest Aware video upload service. Alphabet owns Nest and earlier this month integrated the previously standalone unit into Google's hardware group.
    Melania's parents permanent U.S.  residents

    Melania's parents permanent U.S. residents

    The news, first confirmed by the Washington Post , prompted allegations of White House hypocrisy Wednesday. Trump has made a hard-line stance on immigration part of his core electoral message.
    Assassin's Creed Origins Adds Game Plus With Discovery Tour Mode Today

    Assassin's Creed Origins Adds Game Plus With Discovery Tour Mode Today

    As much fun as it is to do what Assassins do best, the world that acts as a stage for Bayek's adventures has its own allure. As you'd expect, new game plus lets you start fresh without loosing your character progression.
  • Sheriff: Security Guard Thwarted Mass Shooting at California High School

    Sheriff: Security Guard Thwarted Mass Shooting at California High School

    One AR-15 was registered to the older brother and the other was not registered, officials said. McDonnell said that was the second serious threat at El Camino High School that week.
    Sick in salmonella outbreak linked to kratom, CDC says

    Sick in salmonella outbreak linked to kratom, CDC says

    Kratom is widely available on the internet and is sold in some head shops, gas stations and corner grocery stores. The DEA wants to place kratom on a Schedule 1 list of illegal drugs, in the same category as heroin.
    Student Apprehended After Threat Against Camden High

    Student Apprehended After Threat Against Camden High

    Cattaraugus County: After two threats at the Chatauqua Lake School and Randolph Academy Union Free School District, Gov. Andrew Cuomo ordered state police to increase patrols around schools to protect against copycat shooting threats.
  • Large number of girls may have been abducted by Boko Haram

    Large number of girls may have been abducted by Boko Haram

    Of around 270 girls originally abducted from their school in Chibok in April 2014, about 60 escaped soon afterwards and others have since been released after mediation.

    The Wal-Mart Stores (WMT) Scheduled to Post Quarterly Earnings on Tuesday

    Beacon Financial Group decreased its stake in Wal ( WMT ) by 18.96% based on its latest 2017Q3 regulatory filing with the SEC. Finally, Old Mutual Global Investors UK Ltd. lifted its holdings in shares of Wal-Mart Stores by 128.7% in the third quarter.
    Jackson, Ohio Middle School Student Shoots Himself

    Jackson, Ohio Middle School Student Shoots Himself

    Students are being dismissed from class today. "Students who rode the bus can be picked up at the high school by their parents". The boy was rushed to a local hospital with a wound to his temple, but information on his condition is not yet available.

Breaking News



Recommended

What does weight loss really depend on: Diet, genes or insulin levels?

Study leader Professor Christopher Gardner said fizzy drinks, for example, may be low in fat but they are not healthy . The other group went low-fat, starting with no more than 20 grams of fat per day, the equivalent to a handful of nuts.

USA intelligence tags Duterte a 'threat to democracy, human rights'

Duterte has suggested he could suspend the Constitution, declare a 'revolutionary government, ' and impose nationwide martial law. Trump is seen to be less critical of Duterte, and at one point reportedly praised the Filipino leader for "doing a great job".

Wendy Williams Announces She Has Graves Disease

Just a year ago Williams collapsed while taping a live Halloween segment and attributed it to overheating in her costume. She posted the announcement on Twitter and urged women to consistently check on their health. "I'm a thoroughbred.

Canada's PM Trudeau denies support for Sikh separatists

Chandigarh/Amritsar: Canada's Prime Minister Justin Trudeau gave a "categorical assurance" to Punjab Chief Minister Capt. Mr Modi did not accompany him.

"Black Panther" scores highest Monday ever with $40.2M

While the figures above aren't adjusted for inflation, the larger takeaway is that Black Panther is a raging success. Less than a week after hitting theaters , the response to Black Panther has been overwhelmingly positive.

Manchester United escape Sevilla with goalless UCL draw

De Gea is a great goalkeeper and made a great save". "I made a save and I'm happy for that". He also stopped a long-range shot by Muriel by making a hard diving save close the ground.

Sexual exploitation is widespread in the global aid sector, United Kingdom lawmakers told

Goldring also said that the charity has received allegations of 26 new misconduct violations since the scandal broke out.

Poor iPhone X Sales Prompt Samsung To Slash OLED Panel Production

The rise of ASP (average sale price) to more than make up for disappointing volume appears to be helping out significantly. Samsung did not immediately respond to our request for comment and Nikkei's report did not cite specific sources.

Venezuela launches oil cryptocurrency

Venezuela's government will launch the first sale of its commodity-linked cryptocurrency , the petro , on Tuesday. The " Petro " was released for pre-sale to invited investors at midnight on Tuesday February 20th.

Cheryl brushes off Liam Payne split speculation

She wrote: "Hey Liam Payne , fancy joining me on stage at The Brits 2018?" "This is the most important part for me". They have a child together so have been trying to make it work for some time.