US, UK push to put Pakistan financial global terror funding watchlist

Last Updated: Feb 14 2018 17:23

WASHINGTON- Not satisfied with Pakistan's attitude towards terrorism, United States President Donald Trump approached international financial watchdog to put the country on the global terrorist-financing watchlist.

In spite of several warnings, Islamabad failed to defer to the UN Security Council (UNSC) resolutions relating to terror groups on home soil including al-Qaeda and its affiliates, according to a top State Department official.

Last week, the United States and its European allies which includes UK, Germany and France nominated Pakistan to be put on Financial Action Task Force's (FATF's) list.

“The US has consistently expressed our long-standing concern about ongoing deficiencies in Pakistan’s implementation of its anti-money laundering/counter-terrorism finance (AML/CFT) regime,” said a US State Department spokesperson.

“In addition to broader systemic concerns, this also includes Pakistan’s non-compliance with its commitments under UN Security Council Resolution 1267,” the official said.

"If you're put on a terror watchlist, you're made to go through all the (extra) scrutiny," Pakistan's former counterterrorism chief, Khawaja Khalid Farooq, told Reuters. "It can hurt the economy very badly."