Connect with us

Politics

FATF diktats will negatively impact Turkey-Pakistan relations: Expert

Published

on

 


In a significant move, the Financial Action Task Force (FATF) Turkey alongside Mali and Jordan were added to the watchdog gray list in October. Last month Turkey joined Pakistan in the Financial Action Task Force (FATF) gray list.

Writing in the Policy Research Group, James Crickton, a London-based business consultant, said the FATF diktats and their fallout will have a negative impact on Turkish-Pakistani relations.

Crickton noted that relations have been forged with President Recep Tayyip Erdogan and Prime Minister Imran Khan, exchanging high-level state visits and working on ways to strengthen bilateral ties.

The global money laundering watchdog placed Turkey in October on its “gray list” for non-adherence to the United Nations sanctions regime, money laundering and the abuse of terrorist financing. Ankara reacted strongly, calling it unfair.

The gray list is not only a blow to Ankara, but also to its closest ally, Pakistan, which is developing a strategic relationship with Turkey under the leadership of its president Recep Tayyip Erdogan.

German FATF President Marcus Pleyer was more relevant in his post-plenary press meeting, saying Turkey needs to resolve “serious supervisory issues” in its banking and real estate sectors, as well as with traders in gold and precious stones.

“The FATF diktats and their fallout will have a negative impact on Turkish-Pakistani relations, although Ankara does not provide aid to Islamabad. and work on ways to strengthen bilateral relations. Crickton writes.

Crickton believes the situation could get worse for Turkey after the FATF graylist.

“All this outcry against India and Kashmir offers no windfall for either Pakistan or Turkey. With the FATF literally blowing its neck, the situation remains precarious for Pakistan. It could get worse for Turkey.” he writes.

(With entries from ANI)

Disclaimer: This article was posted automatically from an agency feed without any text changes and has not been reviewed by an editor

Open in app

Sources

1/ https://Google.com/

2/ https://english.lokmat.com/international/fatf-diktats-to-have-negative-impact-on-turkey-pakistan-ties-expert/

The mention sources can contact us to remove/changing this article

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos

ExBUlletin

to request, modification Contact us at Here or [email protected]