Islamabad, March 30, 2023 (PPI-OT): 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.

In 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. She said the removal from the list will ease financial transactions between entities from Pakistan and the European Union.

The 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.

For more information, contact:
Ministry of Information and Broadcasting
Government of Pakistan
4th Floor, Cabinet Block, Pak. Secretariat, Islamabad, Pakistan
Tel: +92-51-9103557