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E1 ) 7 1" 3 4& 4"53"6/78 /1" Q ! 678*79: “The FATF notes with nary where India submitted counter-terrorist financing- that remedial actions and sanc- grave concern and condemns new information about related deficiencies. tions are applied in cases of he international terror the terrorist attack last week Pakistan-based terrorist At the start of its delibera- Anti-Money Laundering " Tfinancing watchdog that killed at least 44 Indian groups, including Jaish-e- tions, all FATF members (AML) and Combating Financial Action Task Force security forces in Pulwama,” it Mohammad, responsible for observed a minute of silence for Financing of Terrorism (CFT) 678*79: (FATF) on Friday condemned said after the week-long FATF the Pulwama attack. the 44 CRPF jawans who were violations and that these the Pulwama terror attack that plenary held in Paris. The FATF continuing martyred. The President of actions have an effect on he UN Security Council martyred 44 CRPF jawans and “Pakistan has revised its Pakistan with the ‘Grey’ listing FATF expressed sincere con- AML/CFT compliance by T(UNSC) statement on decided to continue the ‘Grey’ terror financing risk assess- means downgrading of the dolences to the people and the financial institutions. Pulwama attack was delayed listing of Pakistan for its failure ment. However, it does not country by multilateral lenders Government of India. The Pakistan should demon- nearly by one week due to to stop funding of terrorist demonstrate a proper under- like IMF, World Bank, ADB, FATF currently has 35 mem- strate that competent authori- China’s opposition. The con- groups such as Jaish-e- standing of the TF risks posed EU and also a reduction in risk bers and two regional organi- ties are cooperating and taking demnation by the UN’s most Mohammad, Lashkar-e- by Da’esh (ISIS), Al-Qaida, rating by Moody’s, S&P and sations — European action to identify and take powerful 15-nation body Tayyeba and Jamat-ul-Dawa. JuD, FIF (Falah-e-Insaniat Fitch, a security official said. Commission and Gulf enforcement action against ille- named the Pakistan-based ter- The Paris headquartered Foundation), LeT, JeM (Jaish- Pakistan was nominated for a Cooperation Council. gal money or value transfer ser- ror group Jaish-e-Mohammad demned the Pulwama strike as FATF observed that Pakistan is e-Mohammad), HQN detailed review of its “serious The FATF also said vices (MVTS), demonstrating (JeM). “terrorism” China continued to not properly understanding (Haqqani Network) and per- deficiencies” in countering ter- Pakistan should continue to that authorities are identifying A day after it emerged that oppose any mention of terror- the risks of terror financing and sons affiliated with the Taliban,” ror financing in February 2018. work on implementing its cash couriers and enforcing China, an all weather ally of ism in the statement, said a there are many deficiencies in the statement said. This nomination was support- action plan to address its strate- controls on illicit movement of Pakistan, did not want a refer- person familiar with the diplo- maintaining proper actions to Given the limited progress ed by the US, the United gic deficiencies, including by currency and understanding ence to JeM in the UNSC matic parleys on the issue at curb terror financing. on action plan items due in Kingdom, France, Germany adequately demonstrating its the risk of cash couriers being statement which strongly con- the UN headquarters. In a statement, the FATF January 2019, the FATF urged and India, the official said. proper understanding of the used for TF, improving inter- demned the Pulwama terror China, a permanent mem- said Pakistan should continue Pakistan to swiftly complete its At the end of this plenary, terror financing risks posed by agency coordination including attack, Beijing has tried to ber of the UN Security to work on implementing its action plan, particularly those placed in the ‘Grey’ list and the FATF has observed that the terrorist groups and con- between provincial and feder- downplay the resolution and Council, has over the years action plan to address its strate- with timelines of May 2019. given a 27-point action plan by several deficiencies remain in ducting supervision on a risk- al authorities on combating TF said the mention of the used its veto power to scuttle gic deficiencies, including by An Indian official, who attend- the FATF. This plan was Pakistan’s legal regime in deal- sensitive basis, demonstrating risks besides others. Pakistan-based terror group a move by India at the UN to adequately demonstrating its ed the FATF plenary, explained reviewed as the last Plenary in ing with terror financing. does not represent a judgement put Jaish-e-Mohammed proper understanding of the that placement in compliance October 2018 and for the sec- Since June 2018, Pakistan and was only in “general terms.” founder Masood Azhar on a terror financing risks posed by document means putting the ond time in this week-long has made a high-level political The UN condemnation global terror list. the terrorist groups and con- country in ‘Grey’ list and it will meeting. The decision has been commitment (statement by its ( came a day after Pakistan’s The UNSC comprising 15 ducting supervision on a risk- be reviewed again in June 2019. taken after several rounds of Minister of Finance) to work Permanent Representative to permanent and non-perma- sensitive basis. In June 2018, Pakistan was deliberations during the ple- with and address its strategic the UN Maleeha Lodhi met nent members, including : N O top UN leaders, including with China on Thursday con- !9 ( * Secretary-General Antonio demned in the “strongest 1(" Guterres to brief them about terms” the “heinous and cow- the escalating tensions in the ardly” terror attack perpetrat- " region in the wake of the ed by Pakistan-based terror 1: 1( Pulwama attack but her efforts group Jaish-e-Mohammed 678*79: high tariff for sending con- did not bear any fruit. (JeM), in a show of solidarity signments to Gwadar port. The N O " =>?@ Even after UNSC con- and support to India. emoval of Pakistan from the tariffs at ports of UAE are high- RMost Favoured Nation er as they have been in existence (MFN) status is not a knee-jerk for significant period. This will reaction post-Pulwama terror lead to dependence of Pakistan attack but a well-calibrated and on the Chabahar port of Iran calculated tactical decision which being new has a lower aimed at squeezing Pakistan not tariff base. Same is the case for only economically but also to Gwadar.” increase its dependence on third With a sizeable investment country ports for import of con- in development of Chabahar sumer items like fruits, vegeta- port, India will gain by getting pendent to take its own deci- bles and wheat flour besides tariffs on the goods exported to sion. We have called a party ! medicines and raw materials for especially daily consumer goods supplies for the companies Pakistan. Once this trade course meeting and we will do what " the textile industry among oth- like vegetables and grains lead- owned by Pakistan army amid takes shape, the Chinese, who ! is decided. Whatever will be ers which in turn will lead to ing to scarcity and subsequent- soaring prices and the general own the Gwadar port will also decided in the meeting, you ##$% & cost escalation in the Pakistani ly unrest. Before, the removal of people will be bound to suffer ultimately benefit by handling 9+$.658 will be informed,” she said, market. Pakistan from the MFN status, due to unavailability of daily such cargo from the Iranian clarifying that there was no Dependence on ports of the goods were sent from India need consumables. port. pna Dal (Sonelal), a key conflict with the BJP over other countries will lead to cost via land ports and transport cost When unrest will increase With an increasing cargo ABJP ally in Uttar Pradesh, seat-sharing. !' ( )$ escalation of consumer items was negligible with a nominal on the issue of scarcity of the receipts by the Gwadar port, the has convened a meeting of its In an effort to keep the tax by Islamabad on imports consumer items, the Pakistan- Baloch groups may also leaders on February 28 to take flock together, BJP chief Amit * ) +( from India, making such prod- based insurgent groups and the demand royalty on such a final call on continuing Shah reached out to another L M ucts cheaper for the Pakistanis. miffed locals may start hitting imports for exploiting the port alliance with the BJP for the NDA ally from UP, Om " Due to MFN, Pakistani the logistics chain for such infrastructure. In such a situa- coming Lok Sabha polls. Prakash Rajbhar. Rajbhar’s . exports to India were duty free imports, sources here said. tion, Al Qaeda affiliates JeM Party founder and Union Suheldev Bharatiya Samaj & but now India has slapped a As much as 85 per cent of and LeT will also start target- Minister of State for Health districts around Allahabad, Party has influence in eastern duty of 200 per cent, dissuading the medicine market in Pakistan ing the logistics chain as their Anupriya Patel, along with her Mirzapur, Sonebhadra and UP districts bordering Bihar. " the importers here from picking was dependent on Indian funding will be hit amid a neg- husband and MLC Ashish Varanasi. The Apna Dal also The smaller NDA allies up the goods.

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