Pakistan responds over good offer from the EU on FATF greylist: Report

Pakistan responds over good offer from the EU on FATF greylist: Report

ISLAMABAD -Pakistan responds over good offer from the EU over FATF greylist, Media Report has claimed.

Pakistan has appreciated the European Union’s (EU) offer for technical assistance in the implementation of the Financial Action Task Force (FATF) action plan.

Following the conclusion of the 10th session of the European Union-Pakistan Joint Commission in Brussels on Friday, both sides highlighted the significance of proper implementation of the FATF action plan in a press release.

The primary focus of the meeting remained on improving the business climate, resolving issues obstructing trade and investment and implementation of ‘GSP-Plus’.

Both Pakistan and the EU appreciated the progress of ongoing activities pertaining to development cooperation and discussed ways to enhance cooperation beyond the ongoing decade.

Prior to the meeting of the joint commission, several meetings of sub-groups on trade, development cooperation, democracy, governance, rule of law and human rights were held on November 13 and 14.

During the meetings, both sides reaffirmed strong support for democratic institutions, rule of law, good governance, the promotion and protection of human rights, labour rights, and fundamental freedoms.

Pakistan also briefed the EU on the recent developments in the region and highlighted its concerns regarding human rights and the humanitarian situation in Indian Occupied Kashmir Kashmir (IOK).

The joint commission provided an opportunity to both sides to exchange views on areas of cooperation.

The two sides appreciated the signing of the EU-Pakistan Strategic Engagement Plan (SEP) in June 2019 and expressed commitment for its early and complete implementation including the establishment of a Security Dialogue, working towards a comprehensive dialogue on migration and mobility, and further expanding relations in the areas of connectivity, climate change and energy, education and culture, and science and technology.