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Afghan and Indian diplomats to work on FATF report implementation

By IndianMandarins- 28 Feb 2017
344

afghan-and-indian-diplomats-to-work-on-fatf-report-implementationIndian and Afghan diplomats have started working in tandem to ensure an implementation of a report on Pakistan by the Financial Action Task Force (FATF) led by the G7 countries. On Monday, the FATF put Pakistan on a three-month warning notice regarding terrorist financing. If Pakistan fails to comply with necessary actions against terrorism, it could become a virtual no-go zone for international banking. Last week, an Afghan Foreign Affairs official threatened to seek U.N. sanctions against Pakistan for supporting Taliban terrorists. India should also seek U.N. sanctions for Pakistan's support of terrorists targeting India, including in Kashmir. Both countries may pursue such sanctions with the help of G7 countries, and especially major importers from Pakistan: the U.S., U.K., and Germany and the countries of the EU. China and Russia may, of course, oppose sanctions, but that can't save Pakistan from facing extreme hardship.

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