China welcomes FATF’s removal of Pakistan from its grey list

Author: Agencies

China welcomes the decision of the Financial Action Task Force (FATF) to remove Pakistan from its “grey list” and would like to send congratulations to Pakistan”, said Wang Wenbin, Chinese Foreign Ministry Spokesperson, at a regular press conference, Gwadar Pre reported on Tuesday.

He said that this has been made possible thanks to Pakistan’s effort to firmly follow through on its political commitment and continuously improve and enhance its Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) system over the past five years despite the difficulties.
This also shows international support and recognition of Pakistan’s endeavor in this regard. “We look forward to Pakistan’s positive contributions to advancing international counterterrorism cooperation and protecting the security of the international financial system”, he said.

Share
Leave a Comment

Recent Posts

  • Pakistan

Top Chinese military official lauds Pakistan’s counter-terror efforts

General Zhang Youxia, Vice Chairman of China's Central Military Commission (CMC), has commended the Pakistan…

3 hours ago
  • Pakistan

Punjab CM thanks people for rejecting ‘disruptors’

Punjab Chief Minister (CM) Maryam Nawaz Sharif has expressed her gratitude to the people of…

3 hours ago
  • Pakistan

Belarus president winds up 3-day Pakistan visit

President of Belarus Aleksandr Lukashenko on Wednesday departed after completing a three-day official visit to…

3 hours ago
  • Pakistan

Kurram tribal clashes rage as death toll surges past 100

The recent clashes between the two warring sides in the Khyber Pakhtunkhwa's Kurram district continued…

3 hours ago
  • Pakistan

US lawmakers, Amnesty decry ‘crackdown’ on PTI protesters

A number of United States' lawmakers along with Amnesty International have voiced support for demonstrators…

3 hours ago
  • World

Hamas signals willingness for ceasefire in Gaza after Lebanon

Hamas is ready to reach a ceasefire in the Gaza Strip, a senior official in…

3 hours ago