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Top News

India lobbying in FATF to blacklist Pakistan: Qureshi

Published Updated

ISLAMABAD: Foreign Minister Shah Mahmood Qureshi Wednesday said that India is lobbying with countries to put Pakistan in the blacklist of Financial Action Task Force (FATF), calling for a national consensus and political commitment to undertake measures to come out of the grey-list of the FATF.

Speaking at launching ceremony of NUST Institute of Policy Studies (NIPS) and seminar on “Pakistan-India Relations and Resurgence of Freedom Struggle in occupied Kashmir”, Qureshi said that Pakistan has already suffered $ 10 billion economic losses for being in the ‘grey-list’ of the FATF.

“India has stated policy and it is lobbying for putting Pakistan on the blacklist of the FATF from the current grey-list…Imagine how many more economic losses Pakistan could face if they [India] succeeded in their efforts”, the foreign minister said.

Qureshi stated in categorical terms, saying that he wants to given a clear message to the nation that Pakistan Tehreek-e-Insaf (PTI) government is committed to implement the National Action Plan (NAP) in letter and sprite, adding that in coming few months visible measures would be taken in this regard.

He recalled that after the 2014 Army Public School (APS) Peshawar massacre, the entire nation became united against the terrorism in results of which the political and military leadership came with a 20-point National Action Plan (NAP).

He stated that military had successfully implemented its part of the NAP but the portion related to the political government could not be implemented due to certain reasons. He regretted that there was no political determination during the previous PML-N government to implement the NAP in letter and sprit due to which the country had to face challenges at international level such as continued placing on the FATF grey-list.

Qureshi also called upon the political leadership to evolve national consensus on implementation of the NAP in the best national interest.

Copyright Business Recorder, 2019

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