US motion to place Pakistan on FATF 'grey-list' remains inconclusive

US led motion to place Pakistan on 'grey-list' of countries financing terrorism remained inconclusive as the member states of Financial Action Task Force (FATF) could not reached to a consensus. 

The announcement was made by Foreign Minister Khawaja Asif late Tuesday stating "our efforts paid off." 

"Grateful to friends who helped," said Khawaja 

FATF have been meeting in Paris where it was expected that US led motion-backed by UK, France and Germany-to put Pakistan on list will be tabled. 

Foreign Office attributed to frantic diplomatic efforts by Pakistan in last few weeks. Although no details have been revealed but it is believed that China, Russia and Turkey voted against the motion. 

Khawaja however, mentioned that FATF have proposed 'three-month pause' and asked Asia Pacific Group (APG) which is also part of FATF, for "another report in June" this year. 

ePaper - Nawaiwaqt