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The FATF decision to place Pakistan on its "gray list" on Wednesday for not doing enough to counter terrorist financing does not seem to have had much impact on the behavior of Islamabad, according to James Dorsey, senior researcher at the S. Rajaratnam School of International Studies at Nanyang Technological University in Singapore, said: "Pakistani officials have published an article on the realnews website. com. (have) downplayed the importance of the gray list .. Pakistani officials (have) suggested that they had escaped the blacklist by presenting a 26-point action plan that respond to the FATF's concerns in the next 15 months. (This) did not stop the government from withdrawing Muhammad Ahmed Ludhianvi, the leader of Ahl-e-Sunnat Wal Jamaat (ASWJ), from his terrorist list the day the FATF discussed Pakistan in Paris. "
Pakistan's 37-member FATF "gray list" means that Islamabad's financial system will be considered a risk to the international financial system because of "strategic deficiencies" in its ability to prevent terrorist financing and money laundering. The list was made late Wednesday at a plenary meeting during which Interim Finance Minister Shamshad Akhtar was present with a delegation.
According to Dorsey and other observers, the withdrawal of Pakistan from a virulent anti-Shiite militant from his list of The time he knew that the FATF decided to put him on a watch list puts Light the huge struggle of Islamabad to tackle the fight against militancy on its soil.
In his article, Dorsey insists on the impact this decision will have on Pakistan's relations with two of its major allies – Saudi Arabia and China
"The question is whether the approval from Saudi Arabia and China by FATF indicates that both countries may have doubts about their ambiguous approaches towards Pakistani militants, so this may be the key to untying Pakistan's knots in its fight against militancy, "he adds, adding that" Saudi ambiguity is badociated with a similar Chinese threat. "To support his argument, Dorsey emphasizes in his article that madrbadas (religious ASWJ in Baluchistan bordering Iran have benefited from an injection of funds from Saudi Arabia over the past two years.It claims that this has been confirmed by activists in the public domain, establishing to his opinion l The very close ties that ASWJ has with Riyadh. The source of Saudi funding remains uncertain, but it is believed that it enjoys tacit government support despite the spread by Prince Mohammed of an indeterminate form of moderate Islam, a reduction in funding Saudi Sunni ultraconservative Muslims in the world … "Regarding China, Dorsey believes that the" sincerity "of Beijing on the issue of the repression of terror around the world, with other countries, "Will be put to the test when the UN Security Council debate designating Masoud Azhar, an anti-Soviet jihad fighter in Afghanistan in the 1980s and an Islamic scholar who would have been responsible for an attack in 2016 against the Indian Air Force Pathankot Station, as a terrorist. "
China vetoed Azhar's designation as a terrorist and even prevented Saeed from continuing. be listed by the UN before the terrorist attack in Mumbai in November 2008 that left 166 dead and more than 300 injured. [19659002Dorseyestd'avisquedesterroristescommeHafizSaeedetMasoodAzharmaintiennentl'IndeendéséquilibrecequesouhaiteBeijingtoutenpermettantàcettedernièredemaintenirsesrelationsaveclapuissantearméepakistanaise"that'elleconsidèrecommeunpartenaireplusfiablequeAinsienpratiqueàuncertainniveausonarticlesuggèrequ'ILN'estpbadurprisparlesoutiensélectifquelaChineetl'ArabieSaouditeaccordentauxmilitantsbasésauPakistan
This underlines and warns:" L & # 39; China attention to & # India does not threaten Saudi interests, but Saudi support for anti-Shiite militants in a key region for US $ 50 billion investment in the Pakis. "
What is clear is that that the FATF was not fully convinced by Pakistan's 26-point plan to cut funding for terrorists and groups sanctioned by the UN Security Council, and therefore , put forward Islam abad on its "gray list" for the second time in six years, the first being between 2012 and 2015.
The FATF has begun to evaluate Pakistan's plan of action which will be implemented over a period of 15 months next January. Reports suggested that Islamabad tried not to be included in the "gray list", but sources said that a decision had already been made in plenary meetings of the global financial observer based in Paris in February.
(This story was not edited by Standard Business Staff and automatically generated from a syndicated feed.)
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