In India's response to Pakistan being Gray Listed by the FATF for the financing of terrorism, a word of caution

India welcomed the decision taken by the Financial Action Group or FATF money laundering body, to put Pakistan on the watch list of terror. Pakistan, which has failed to curb the financing of terrorism, has been placed on the "gray list". New Delhi also hoped that Islamabad will now take credible steps to address the serious concerns that the international community has about terrorism emanating from Pakistan.

Responding to the developments, the official spokesperson of the Department of External Affairs, Raveesh Kumar, said: Financial Action Task Force (FATF) decision to place Pakistan in its Compliance Document ( gray list) for follow-up by the Review Group of International Cooperation "

New Delhi, he said, also hopes that the plan of action suggested by the" We hope that the FATF action plan will be met within a specified timeframe and that credible measures will be taken by Pakistan to address global concerns about terrorism emanating from any territory under its control, "said the spokesman of the Ministry of Foreign Affairs. Foreign Affairs.

India has sought global action against Pakistan for allowing terror refuge on its territory and in territories under forced occupation. New Delhi has also lobbied to punish Pakistan-based terrorists involved in a series of terrorist attacks in India, including the Mumbai attack 2008.

"Pakistan has given a high-level political commitment to address global concerns regarding its FATF standards to counter terrorism financing and the fight against money laundering, especially against UN designated and internationally banned entities and individuals. freedom and impunity with which terrorists designated as Hafiz Saeed and entities like Jamaat-ud-Dawa, Lashkar-e-Taiba, Jaish-e-Mohammed continues to operate in Pakistan does not agree with such commitments, "Kumar said.

Despite Islamabad's diplomatic efforts to prevent its listing on the terror watch list, on June 27. Pakistan has been formally inscribed on the FATF "gray list".

According to an article in Pakistan's Dawn newspaper, Pakistan has a commission. a 26-point action plan that would be implemented over the next 15 months. The plan includes the complete blocking of the finances of terrorist groups such as Jamaat-ud-Dawa, Falah-i-Insaniat, Lashkar-e-Taiba, Jaish-e-Muhammad, among others. Failure to do so would put Pakistan on the "black list", which would have serious repercussions on its trade and economy.