Indian External Affairs Minister Subrahmanyam Jaishankar confessing about political interference in Financial Action Task Force (FATF) decisions has said that FATF decided to keep Pakistan in grey list under Indian pressure.
Indian Minister for External Affairs’s confession has raised questions over the transparency of the Financial Action Task Force (FATF). FATF claims to be a non-political platform but the Indian minister’s statement hints otherwise.
On the other hand, Pakistan has decided to bring the matter of India’s political intervention in FATF’s decision to keep Pakistan in grey list in account of FATF President.
In response to the media queries regarding Indian External Affairs Minister’s statement of 18 July 2021 regarding India’s disagreeable role in the grey listing of Pakistan by Financial Action Task Force (FATF), the Foreign Office spokesperson said that the Indian statement not only exposes its true colors but also vindicates Pakistan’s longstanding stance on India’s negative role in FATF.
Pakistan has always been highlighting to the international community the politicization of FATF and undermining of its processes by India.
The recent Indian statement is just further corroboration of its continued efforts to use an important technical forum for its narrow political designs against Pakistan. While Pakistan has been sincerely and constructively engaged with FATF during the implementation of the Action Plan, India has left no stone unturned in casting doubts on Pakistan’s progress through disgraceful means.
Pakistan has been exposing India’s duplicitous role to the international community in the past and it will also bring this recent confession by India to the notice of FATF and broader international community. Pakistan is also considering approaching FATF President for an appropriate action in this matter.
Following the recent confession by Indian Government, India’s credentials for assessing Pakistan in FATF as co-chair of the Joint Group or for that matter any other country are subject to questions, which we urge FATF to look into.
Pakistan’s immense progress in AML/CFT domain demonstrated through concrete, tangible and verifiable actions has been openly acknowledged by FATF. We are resolved to sustain this momentum and trajectory with the support and cooperation of our international partners.
India’s delusions of putting pressure on Pakistan have always remained unfulfilled and would never see the light of day.
Despite distractions including politicization of FATF processes by certain jurisdictions, Pakistan re-affirms its commitment to bring its AML/CFT systems to international standards for its own good and also to fulfill its international obligations and commitments.