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EU’s decision to remove Pakistan from the list of high-risk countries

Islamabad, March 29, 2023 (PPI-OT): We welcome the decision by the European Union to remove Pakistan from the list of high-risk countries thus recognizing Pakistan’s performance in overcoming technical issues in its Anti-Money Laundering / Countering Financing of Terrorism. This follows UK’s decision to remove Pakistan from a similar list in November 2022.

The removal from the list will ease financial transactions between entities from Pakistan and the European Union. 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:
Spokesman
Ministry of Foreign Affairs
Government of Pakistan
Tell: +92-51-9205494
Fax: +92-51-9204202
Cell: +92-336-5644459
Website: www.mofa.gov.pk

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