The Financial Action Task Force (FATF), the global watchdog that combats money laundering and terrorist financing, had grey listed Pakistan in June 2018 for not cutting down the finances of terrorist groups within its soil. Greylisting puts Pakistan under international scrutiny to prove its compliance with FATF norms. Notably, the greylisting move was initiated by the US.
Even with greylisting measures, Pulwama terror attack happened in February 2019 = FATF (with India’s lobbying) threatens Pakistan that it will be moved to the blacklist due to its failure to comply with the action plan which was due May 2019. Blacklisting could virtually cut all financial flows to Pakistan.
This big-picture article explains the following in an analytical manner with a mindmap for quick revision.
What is the Financial Action Task Force (FATF)?
How FATF works?
What is the grey list and blacklist?
What is the issue with Pakistan?
Why the US initiated the move?
What are the implications of placing Pakistan on FATF watchlist?
Has Pakistan changed with external Pressures?
Why has Pakistan failed to comply with or curtail terror funding?
Reading Time:4mins Recently India’s decades long effort to get the full membership of the 2nd largest intergovernmental group – the Organisation of Islamic Cooperation (OIC) got the huge boost when it attended the OIC’s 46th session of council of foreign ministers meeting at Abu Dhabi as a guest of honour on the invitation by the host country – United Arab Emirates (UAE).It has to be noted that, India has never been invited to the OIC before and the latest development comes at a time when the India-Pakistan tension is running high, is being seen as a diplomatic success.
Reading Time:5mins After the terror attack in Pulwama, the government has decided to stop India’s share of waters in the Indus river system from flowing into Pakistan. This indicates a shift in the policy of the government with regards to the Indus Waters Treaty.
Recently, the Indian Air Force (IAF) Wing Commander Abhinandan Varthaman who was arrested by the Pakistani rangers was returned to India. Pakistan claimed that Abhinandan was set free as a peace gesture. However, India maintained that Pakistan is obliged to release the pilot under the Geneva Conventions. It is imperative in this context to understand the provisions in Geneva Conventions on the treatment of prisoners of war (PoWs).
This article explains the following in an analytical manner with a mindmap for better understanding and quick revision.
What is the issue?
What are the Geneva Conventions?
Is the present conflict comes from the Geneva Conventions?
What is prohibited under the convention?
What are the rights enjoyed by a Prisoner of War under the convention?
Reading Time:5mins Recently, Indian firm “India Ports Global Limited” took over operations at the Shahid Behesti Port in Chabahar, Iran. The representative of India, Iran, and Afghanistan met and finalized the routes for trade and transit corridors between the three nations. An event has also been planned on February 26, 2019, to promote and popularise the potential of Chabahar port.
Reading Time:5mins Pakistan has invited Saudi Arabia to join $50 billion China-Pakistan Economic Corridor (CPEC) as the 3rd strategic partner. A formal invitation was made in this regard after Pakistan PM Imran Khan visited Saudi Arabia during his 1st foreign trip after getting elected.