Pak sanction push at Paris meet - News Summed Up

Pak sanction push at Paris meet


PTIAfter withdrawing the “most favoured nation” status from Pakistan, India will move against taking the neighbour off the “grey list” of countries at the Financial Action Task Force (FATF) meeting in Paris this week. Last year, Pakistan had been placed on the “grey list”, or the “watch list”, by the international body, whose mandate is to check terror financing and money laundering, for failing to curb anti-terror financing. India is also planning to raise the issue of terror links of Jamaat-ud-Dawa, Falah-e-Insaniyat Foundation, the front organisations of the Lashkar-e-Taiba. Officials said besides moving the FATF, India has raised the customs duty on Pakistani exports to India to 200 per cent. Once a country is not on the MFN list, India can raise duties as well as move a number of products to the negative or banned list,” said finance ministry officials.


Source: The Telegraph February 17, 2019 18:45 UTC



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