The European Union removed Pakistan from the list of countries at risk of money laundering

Afghan Voice Agency (AVA) - Kabul: Pakistani media have reported that after the World Anti-Money Laundering and Financing Organization (FATF) removed the country from the gray list in October last year, now the European Union has also included Pakistan.
 
Shahbaz Sharif, the Prime Minister of Pakistan, has said by tweeting about this: "The removal of Pakistan from the updated list of high-risk third countries of the European Union is a great development that facilitates the trade of our individuals and institutions."
 
He added: "This is a reflection of our unwavering determination to further strengthen the AML/CFT regime."
 
On the other hand, the Ministry of Commerce of Pakistan has also welcomed the decision of the European Union and emphasized that this action will benefit the businessmen and Pakistanis in the European Union.
 
It should be mentioned that since June 2018, Pakistan was in the gray list of countries at high risk of money laundering and terrorism financing, which was removed from this list in October last year.