Pakistan takes a strong exception to Indian undeclared economic war against Pakistan

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Pakistan takes a strong exception to Indian undeclared economic war against Pakistan

ISLAMABAD - Finance Minister Asad Umar has said that India desires to harm the economic interests of Pakistan.

In a letter to President of Financial Action Task Force Marshall Billingslea, he asked to appoint any other member of FATF as co-chair of the Asia-Pacific Joint Group, in place of India, to ensure that FATF review process is fair, unbiased and objective.

The Finance Minister said India's animosity towards Pakistan is well known and the recent violation of Pakistan's airspace and dropping of bombs inside Pakistani territory are another manifestation of India's hostile attitude.

The letter referred to Indian Finance Minister's statement regarding efforts for global isolation of Pakistan and Indian call for blacklisting of Pakistan during the International Country Risk Guide ( ICRG) meeting on February 18, 2019.

The Minister stated that Pakistan firmly believes that India's involvement in the ICRG process will not be fair towards Pakistan.

The Finance Minister urged that FATF appoint another country as co-chair of the Joint Group instead of India to ensure an impartial assessment of Pakistan's progress in regard to the FATF Action Plan. '

He said ICRG and FATF meetings must not be allowed to be used as a platform by India to make political speeches against Pakistan.

The Minister assured the FATF President that 'Pakistan remains firm in its commitment to work with FATF/ICRG and the Joint Group and to implement the Action Plan.

Earlier, Pakistan raised its concern with the Asia Pacific Group in June last year, over India's negative attitude and its intentions to hurt Pakistan's interests but no action was taken in regard to re-composition of the Joint Group.