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Indo-Pak Tensions: India To Urge FATF To 'Grey List' Pakistan Again | What Does That Mean?

The 'grey list' of the FATF accounts for jurisdictions that are under increased monitoring. When a country is placed under this list, it means that it has "committed to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring". At present, as many as 25 countries are listed under FATF's 바카라œjurisdictions under increased monitoring바카라, i.e., 바카라œgrey list바카라.

India-Pakistan ties continue to nosedive after Pahalgam attack
India-Pakistan ties continue to nosedive after Pahalgam attack Photo: Getty Images
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Amid the renewed border tensions with Pakistan following the April 22 Pahalgam terror attack, India is reportedly expected to approach the global money laundering and terrorist financing watchdog Financial Action Task Force (FATF) with an urge to put Pakistan in its grey list again, Reuters reported.

Back in June 2018, Pakistan was put on the FATF 'grey list' owing to the alleged terror links. However, in October 2022, it was removed from the list in after the government committed to curb terror funding.

What Is FATF 'Grey List'?

The FATF 'grey list' includes jurisdictions under heightened surveillance due to suspicious or objectionable activities which have "committed to resolve swiftly the identified strategic deficiencies within agreed timeframes and is subject to increased monitoring".

As of now, as many as 25 countries are listed under FATF's jurisdictions under increased monitoring.

India To Oppose World Bank Funding For Pakistan

India will also oppose the upcoming World Bank funding for Pakistan. The move comes in the backdrop of the recently heightened tensions between the two nuclear-armed neighbours.

Earlier, India called on IMF to reconsider its $1-billion assistance to Pakistan, suggesting that Islamabad could use it for terror funding.

The bailout was approved at a time when India and Pakistan was engaged in cross-border firing, a day before the two South-Asian neighbours announced ceasefire.

Meanwhile, the International Monetary Fund (IMF) justified that its executive board granted USD one billion in assistance to Pakistan earlier this month after they met all conditions and targets for it despite India's apprehensions that the funds could be used for cross-border terrorism.

The IMF carried out a review of its extended fund facility (EFF) granted to Pakistan in September last year and based on it, the board approved the amount on May 9, said Julie Kozack, a director at global body's communications department.

PM Modi's Warning To Pakistan

While addressing a rally in Rajasthan바카라™s Bikaner on Thursday, Prime Minister Narendra Modi reiterated India's stand about the Pahalgam terror attack that occurred on April 22 and India바카라™s retaliation under Operation Sindoor.

While speaking to the crowd, he asserted that 바카라œit is not blood that flows through his veins, but hot sindoor.바카라 Modi said the attackers removed sindoor from the foreheads of Hindu women after asking their religion and that every Indian resolved to punish the terrorists. 바카라œOur forces delivered on that promise,바카라 he added. 

Modi hailed India바카라™s airstrikes and claimed that Pakistan바카라™s Rahim Yar Khan airbase is in the ICU because of India's precision airstrikes during Operation Sindoor. He highlighted how the Army, Navy and Air Force were given a free hand to deal with the situation and created a 바카라œchakravyuh바카라 that brought Pakistan 바카라œdown to its knees.바카라 

바카라œThis is not revenge, this is justice, this is Operation Sindoor,바카라 he said, claiming it to be the Raudra Roop of a strong India. 바카라œEarlier we attacked after entering their homes, now we strike them on their chest. This is the new face of India, one that crushes terror at its roots,바카라

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