US Diplomat Praises Progress Made By Pakistan To Meet FATF Requirements
On Monday, Senior US diplomat Alice Wells admired the efforts made by Pakistan to improve its counter-terror financing and anti-money laundering regimes. These efforts were made to meet the requirements of the Financial Action Task Force (FATF).
“It is heartening to see that Pakistan government has made significant progress on these matters and that too in a short time,” Ambassador Wells said during a meeting with Interior Minister Brig (retd) Ijaz Ahmed Shah.
In the meeting, the US diplomat was briefed about the steps taken by the government to overcome shortcomings in its financial system for getting out of FATF’s grey list.
Alice Wells arrived in Islamabad on Sunday for a four-day visit. The goal of her visit revolves around bilateral cooperation between PAK and the US.
The visit is taking place in the background of reported progress in Taliban-US talks, which are being assisted by Pakistan. A positive outcome from these talks can also improve relations between Pakistan and the US as well.
The country was put of FATF’s grey list in 2018 for 15 months. Due to insufficient progress, Pakistan’s stay on the list extended by four months. However, its progress will be re-assessed during a meeting on 16th February in Paris.
While talking at a private reception, diplomat Wells denied this perception. She said that there was no such quid pro quo and Pakistan’s case would be decided on merit.
Wells avoided commenting about the progress in talks with the Taliban, saying that she was following the situation.
While talking about illegal Pakistani immigrants in the US, Mr. Shah said that the problem had been resolved to a great extent.
“We appreciate the Pakistan government’s cooperation on the matter”, the diplomat replied.
She said that the US is looking to develop a strong system and mechanism that could be used in the coming future for dealing with such issues.