Pakistan looking for a breather through the FATF

The rationale for taking Pakistan out of the Grey List is on the fear that a completely failed state will be detrimental to the interests of South Asia and to the world at large.

Pakistan looking for a breather through the FATF
Chinese President Xi Jinping meeting with the then Chief Minister of Punjab Muhammad Shehbaz Sharif in Beijing on Nov. 8, 2014. Source: Pakistani Ministry of Foreign Affairs

Many things are not working according to plans in recent days for the new government of Shehbaz Shariff; but it must be sincerely hoping that when members of the Financial Action Task Force (FATF) meet in Berlin next week, the country would be taken off the “Grey List” on terror related activities. If media reports are anything to go by there is intense behind the scenes lobbying on behalf of Pakistan led by its chief benefactor China and to a certain extent by other western nations who have come to believe that Islamabad has met all the 27 stipulations that had been listed as a condition for removal.

In fact this March itself, Pakistan expected to be off the Grey List but the United Nations Task Force maintained that Islamabad had yet one critical component to complete as set forth in the 2018 action plan— investigations in terror funding and taking action against commanders listed by the world body as designated terror groups. But Pakistani officials are preparing to make the argument that all stipulations laid down by the FATF have been met as the Lakshyar e Toiba (LeT) chief Hafiz Saeed has been handed down a 31 year jail term for money laundering.