ISLAMABAD (Reuters) - A global money-laundering watchdog has decided to place Pakistan back on its terrorist financing watchlist, a government official and a diplomat said on Friday, in a likely blow to Pakistan’s economy and its strained relations with the United States.
The move is part of a broader U.S. strategy to pressure Pakistan to cut alleged links to Islamist militants unleashing chaos in neighbouring Afghanistan and backing attacks in India.
It comes days after reports that Pakistan had been given a three-month reprieve before being placed on the list, which could hamper banking and hurt foreign investment.
The United States has spent the past week lobbying member countries of the Financial Action Task Force (FATF) to place Pakistan on a so-called grey list of nations that are not doing enough to combat terrorism financing.
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WNU Editor: So much for Pakistan's claims that they had a reprieve .... Pakistan claims it got three-month reprieve over terror financing watchlist, US refuses to confirm (Scroll.in), and they are now reacting .... Pakistan slams report of FATF putting it on terror financing watchlist (Indian Express). As to what is my take .... I am not surprised. Pakistan's has been playing a double game on this issue for years, and their time has now run out.
More News On Reports That Pakistan To Be Placed Back On Terror-Financing Black-List
Money laundering watchdog places Pakistan back on terrorist financing list with potentially painful consequences -- Business Insider
Pakistan to Be Placed Back on Terror-Financing List, Source Says -- Bloomberg
Global watchdog puts Pakistan on terror financing watchlist: Reports -- Scroll.in
Pakistan back on global terror watch list after China withdraws objection: Reports -- India Today
