China disapproves FATF’s politicization, takes exception to anti-Pakistan designs

BEIJING: Reiterating its support to Pakistan at the FATF platform, China has categorically announced that it did not want the forum to be politicized as some countries are pursuing their political agenda in a bid to blacklist Pakistan.

Talking to a group of visiting Pakistani journalists in Beijing, Deputy Director General for Policy Planning of Asian Affair in the Chinese Foreign Ministry, Yao Wen said China stood with Pakistan and would block any attempt to include Pakistan in the blacklist.

He said China made it clear to the United States and India that China cannot do this and goes beyond the purpose of FATF.

Yao Wen said the Financial Action Task Force is not meant to put any country in the blacklist, rather to support it to take action against terror financing.

He said Pakistan is effectively pursuing its National Action Plan, and China encouraged it to act against terrorists and strengthen its system.

Mr Yao welcomed the establishment of the China-Pakistan Economic Corridor Authority by Pakistan and said it would help expedite work on CPEC projects.

About the recent visit of Chinese Pre­sident Xi Jinping to India amid Kashmir tensions, Mr Yao said relations between China and Pakistan were mature enough to handle such visits. “Mutual trust between China and Pakistan is very high while we have a deficit of trust with India since we have so many problems and differences [with them],” he added.

Must Read

Walt Disney forms business unit to coordinate use of AI, augmented...

Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as the media...