New Delhi: Pakistan continues to provide sanctuary to terrorists and terrorist organizations. Meanwhile, a meeting of the Financial Action Task Force (FATF) decided to put Pakistan on the gray list. The decision was taken after Pakistan failed to comply with all 27 parameters of the FATF Action Plan.
Indeed, Pakistan is trying to get out of the FATF’s gray list. However, Pakistan has not succeeded in this. Pakistan has been accused of harboring terrorists. At the same time it has failed to meet FATF standards. After which it has been decided to put Pakistan on the gray list once again.
At the same time, in the completion of the FATF, Turkey proposed that members should consider Pakistan’s good work instead of waiting for the remaining six of the 27 criteria. Also, an FATF on-site team should visit Pakistan to finalize their assessment.
At the same time, when the proposal was put before a 38-member full committee, no member approved the proposal. Neither China, Malaysia nor Saudi Arabia allowed it. Now the FATF has decided to keep Pakistan on the gray list until the next review in February next year.