India Seeks U.S. Support to Re-List Pakistan on FATF Grey List
In a strategic move to curb cross-border terrorism, India is actively pursuing diplomatic channels to have Pakistan reinstated on the Financial Action Task Force (FATF) grey list. This initiative gained momentum during Indian Foreign Secretary Vikram Misri’s recent visit to Washington, where he engaged with U.S. officials to discuss enhanced cooperation in international financial institutions and coordination in upcoming FATF processes .
FATF Grey List: A Tool Against Terror Financing
The FATF grey list comprises countries under increased monitoring due to deficiencies in combating money laundering and terrorist financing. Inclusion in this list subjects nations to greater scrutiny, potentially impacting their international financial transactions and economic stability.
India’s push for Pakistan’s re-entry into the grey list stems from concerns over Islamabad’s alleged continued support for terrorist activities. Despite being removed from the list in October 2022 after implementing a 34-point action plan, Indian officials argue that Pakistan has failed to take irreversible actions against terror groups operating from its territory .
India’s Strategic Diplomacy and Evidence Compilation
During his U.S. visit, Foreign Secretary Misri discussed the importance of aligning strategies with the U.S. for the upcoming FATF evaluations. India plans to submit a detailed dossier to the FATF, outlining evidence of Pakistan’s involvement in terror financing and money laundering activities. This dossier aims to highlight the need for strict scrutiny and action under international protocols .
Furthermore, India is coordinating with other FATF member countries to garner support for Pakistan’s re-listing. The upcoming FATF plenary session in June will be a critical juncture for these efforts.
Broader Implications and International Support
India’s initiative is not limited to FATF proceedings. The country has also expressed concerns to the International Monetary Fund (IMF) and the World Bank regarding financial aid to Pakistan, citing potential misuse of funds for non-developmental activities, including defense expenditures. India emphasizes the need for stringent conditions on any financial assistance to ensure transparency and accountability .
Domestically, political leaders across party lines have voiced support for these measures. AIMIM leader Asaduddin Owaisi, part of an all-party delegation, highlighted Pakistan’s failure to prosecute key culprits of the 26/11 Mumbai attacks and called for its return to the FATF grey list to curb terror financing .
Conclusion
India’s concerted diplomatic efforts underscore its commitment to combating terrorism and ensuring regional security. By seeking international collaboration and presenting substantive evidence, India aims to hold Pakistan accountable for its alleged support of terrorist activities and to reinforce global financial safeguards against terror financing.
