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FATF shouldn’t be politicized over blacklisting Pakistan: China

FATF shouldn't be politicized over blacklisting Pakistan: China
BEIJING: BEIJING: China has stated that it did not want the Financial Action Task Force (FATF) to be politicised by any country over blacklisting Pakistan.
While speaking to a group of visiting Pakistani journalists in Beijing, Deputy Director-General for Policy Planning of the Chinese Ministry of Foreign Affairs Department of Asian Affair, Yao Wen spoke in favour of Pakistan. 
Yao Wen said, “China does not want FATF to be politicised by any single country. There are some countries, which want to include Pakistan in the blacklist.”

Also read: Pakistan committed to complete FATF’s action plan: minister

Wen said, “We consider they have political designs. That is something China is against. China stands for justice.”
Wen added that the Financial Action Task Force was not meant to put any country in the blacklist, rather support it to take action against terror financing.
Wen further added that Pakistan has effectively pursued its National Action Plan, and China encouraged it to act against terrorists and strengthen its system.

Also read: FATF removes Sri Lanka from Grey List

Besides China, a traditional ally of Pakistan, Turkey, and Malaysia also supported the country in the FATF meeting held in October.
According to the 36-member FATF’s Charter, the support of at least three countries is required to keep any state from being blacklisted.
The FATF in its October meeting expressed satisfaction over the initiatives taken by Pakistan and its progress in various areas.

Also read: Pakistan to remain on FATF’s grey list till February 2020

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