India reacts to Pakistan placed in FATF grey list

It need be mentioned that the Financial Action Task Force is an intergovernmental body that sets standards for fighting illicit finance globally

With Pakistan finally placed on the grey list of the FATF, neighboring India has expressed hopes that Islamabad will take credible measures to address international concerns related to terrorism.

This statement comes even as China has asked the world community to take note of the anti-terror measures initiated by Pakistan.

It need be mentioned that the Financial Action Task Force is an intergovernmental body that sets standards for fighting illicit finance globally.

The task force decided to name Pakistan in the “grey list” at its plenary meeting in Paris on February 23 after the country failed to curb terror financing and money laundering.

In a statement issued, the External Affairs Ministry said,“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”.

The move comes after India repeatedly accused Pakistan of nurturing terrorism and has sought global action against the country for allowing safe havens for terrorists.

India has stated that the freedom and impunity with which 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.

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