Pakistan has welcomed the European Union’s decision to remove it from the list of high-risk countries, thus recognizing its performance in overcoming technical issues related to Countering Financing of Terrorism.
\nIn a statement, Foreign Office Spokesperson Mumtaz Zahra Baloch said this follows UK’s decision to remove Pakistan from a similar list in November last year.
\nShe said the removal from the list will ease financial transactions between entities from Pakistan and the European Union.
\nThe Spokesperson said Pakistan looks forward to building on this development for mutually beneficial economic cooperation with the European Union and sharing its experience in the up-gradation of AML\/CFT regimes with partner countries.
\nThis followed UK\u2019s decision to remove Pakistan from a similar list in November 2022, the spokesperson said in a press release.
\n\u201cThe removal from the list will ease financial transactions between entities from Pakistan and the European Union. Pakistan looks forward to building on this development for mutually beneficial economic cooperation with the European Union and sharing its experience in the up-gradation of AML\/CFT regimes with partner countries,\u201d it was further added.<\/p>\n","protected":false},"excerpt":{"rendered":"
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