Pakistani delegation arrived in Paris to participate in the Financial Action Task Force meeting | Pkupdates

Pakistani delegation reached Paris to attend the meeting of the Financial Action Task Force (FAF).

The six-day meeting of the Financial Action Task Force will continue till February 23, in which the delegation led by the DGF Finance Monitoring Unit Mansoor Shah, Advisor Finance, Mataat Ismail also reached Paris.
The meeting will be decided on the proposal of the United States and Britain to be included in the countries who do not cooperate in the prevention of terrorist financing again.

It is clear that Germany and France have also supported this proposal and if there is a decree against Pakistan, it will have negative impact on domestic consumption.
Meeting participants will be informed about the steps taken by Pakistan.

Pakistan had dismissed all the organizations last week, which has been declared as a terrorist by the United Nations.
In this context, Federal Interior Minister Ahsan Iqbal says that adding the name of Pakistan to 'Watch List' will increase economic problems for the country, which ultimately will affect the impact of terrorism.

He said that the government is trying to stop such potential measures through diplomacy and they do not have any validation.
The number of members of the Financial Action Task Force is 37, including 25 countries, including the United States, Britain, China, India and Turkey, the Gulf Cooperation Council and the European Commission.
The basic responsibilities of the organization are to take steps to prevent money laundering and terrorist financing globally.
Adding the name of Pakistan to the World Watch List will have to pass through global surveillance, loans and strict surveillance of investment, which will affect external investment and have negative impact on the domestic economy.
It was believed that even before 2012 to 2015 Pakistan was involved in the FAF Watch List.