Relief to Pakistan may be coming very soon

In fact it is being pointed out that only a small group of countries are helping Pakistan in not getting on to the “black list. But in the last four years staying on the Grey List itself had been quite problematic for Islamabad

Relief to Pakistan may be coming very soon
Pakistan’s Federal Minister for Finance Mr. Miftah Ismail meets with Mr. Wang Jie, Country Head and CEO, Bank of China - Pakistan Operations to discuss mutual bilateral relations on May 30, 2022. Source: Pakistani Ministry of Finance

Perhaps within the next two days, the regime of Shehbaz Sharif may be getting some “good news” from Berlin—that the country is finally off the grey list of the Financial Action Task Force having somehow convinced the 39 member body that it has fulfilled all 27 stipulations that had been laid down on terrorist financing and related matters in 2018. The FATF which is holding its meeting in Germany between June 14 and 17 is expected to announce its positive decision on the final day.

And some of this may have to do with countries like Turkey, Malaysia and China voting in favor of Pakistan. But a lot of this decision had to do with some heavy duty lobbying by the Pakistani Prime Minister, the Foreign Minister and members of the foreign office who seemed to be working overtime trying to impress the international community of the “changed” credentials of Islamabad on the issue of terrorism. Apparently during a visit to Brussels last month, Pakistan’s Commerce Minister had met a number of parliamentarians belonging to the European Parliament and European Commission pushing for his country’s removal from the Grey List.