US recognises Pakistan’s efforts to implement FATF action plan

WASHINGTON: A couple of days after India admitted to its negative role in keeping Pakistan on the grey list of the Financial Action Task Force (FATF), the US has said that Pakistan has made “significant progress” on its first action plan with 26 of 27 actions items “largely addressed”.

During a regular press briefing Monday, State Department Spokesperson Ned Price said “we do recognize, and we support Pakistan’s continued efforts to satisfy those obligations.”

The State Department spokesperson was asked to comment on Foreign Minister Shah Mahmood Qureshi’s statement over Indian External Affairs Minister S Jaishankar’s admission that Pakistan is on the FATF grey list because of the “efforts of Narendra Modi’s government.”

Price said that the US encourages Pakistan to continue working with the FATF and the international community to swiftly complete the remaining action item by demonstrating that terrorism financing, investigations, and prosecutions target senior leaders and commanders of UN-designated groups.

“We do further encourage Pakistan to expeditiously implement its new second action plan.”

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