Hina Rabbani Khar meets with heads of foreign affairs of French Senate, NA

• Minister of State for Foreign Affairs Ms. Hina Rabbani Khar is in Paris to attend a meeting of  FATF.
• Where Ms. Hina Rabbani Khar  also held meetings with heads of Foreign Affairs of French Senate  and National Assembly.
• “The first FATF Plenary under the two-year Singapore Presidency of T Raja Kumar will take place on October 20-21, 2022,” said the Paris-based global watchdog on dirty money.

ISLAMABAD: The Minister of State for Foreign Affairs Ms. Hina Rabbani Khar is in Paris capital of France to attend a meeting of the Financial Action Task Force (FATF)

Where Ms. Hina Rabbani Khar  held meetings with Mr. Christian Cambon, President Commission for Foreign Affairs, Defense and Armed Forces of the French Senate and Mr. Jean-Louis Bourlanges, President Foreign Affairs Committee of the French National Assembly.

Pakistan- France bilateral relations including parliamentary cooperation, situation of floods in Pakistan, as well as regional and global issues of mutual interest were discussed during the meetings.

She extended an invitation to both the Presidents to visit Pakistan to further strengthen parliamentary contacts and cooperation between the two countries.

“The first FATF Plenary under the two-year Singapore Presidency of T Raja Kumar will take place on October 20-21, 2022,” said the Paris-based global watchdog on dirty money.

Delegates representing 206 members of the Global Network and observer organisations, including the International Monetary Fund, the United Nations, the World Bank, Interpol and the Egmont Group of Financial Intelligence Units, will participate in the Working Group and Plenary meetings in Paris.

At the conclusion of the two-day deliberations, decisions of the plenary would be announced. The plenary will also focus on jurisdictions identified as presenting a risk to the international financial system, with an update to public statements that identify jurisdictions as high risk or being subject to increased monitoring besides other key issues, including guidance on improving beneficial ownership transparency to prevent shell companies and other opaque structures from being used to launder illicit funds.

Pakistan was included among jurisdictions under an increased monitoring list in June 2018 for deficiencies in its legal, financial, regulatory, investigations, prosecution, judicial and non-government sectors to fight money laundering and combat terror financing considered a serious threat to the global financial system

Earlier in the day, MoS held a roundtable with a group of French intellectuals, members of think tanks and scholars. She shared Pakistan’s perspective on important national, regional and global matters, while discussing in-depth the issues raised by the participants.