💥Mains Ready By December. Smash Mains & Smash PYQ Admissions Open
Talk to Mentor

Civilsdaily

Login

Type: IOCR

  • Who are the Bucharest Nine (B9) Countries?

    The envoys to India of nine Eastern European countries called Bucharest Nine jointly wrote to acquaint the Indian public with the basic facts on the ground” about the “premeditated, unprovoked and unjustified Russian aggression in Ukraine”.

    What is Bucharest Nine?

    • The “Bucharest Nine” is a group of nine NATO countries in Eastern Europe that became part of the US-led military alliance after the end of the Cold War.
    • The Bucharest Nine or Bucharest Format, often abbreviated as the B9, was founded on November 4, 2015, and takes its name from Bucharest, the capital of Romania.
    • The group was created on the initiative of Klaus Iohannis, who has been President of Romania since 2014, and Andrzej Duda, who became President of Poland in August 2015.

    Composition

    • The B9 are, apart from Romania and Poland, Hungary, Bulgaria, the Czech Republic, Slovakia, and the three Baltic republics of Estonia, Latvia, and Lithuania.
    • All members of the B9 are part of the European Union (EU) and North Atlantic Treaty Organisation (NATO).
    • All nine countries were once closely associated with the now dissolved Soviet Union, but later chose the path of democracy.
    • Romania, Poland, Hungary, and Bulgaria are former signatories of the now-dissolved Warsaw Pact military alliance led by the Soviet Union.
    • The other Warsaw Pact countries were the erstwhile Czechoslovakia and East Germany, and Albania. Estonia, Latvia, and Lithuania were part of the former Union of Soviet Socialist Republics (USSR).

    Functions of B9

    • The B9 offers a platform for deepening the dialogue and consultation among the participant allied states, in order to articulate their specific contribution to the ongoing processes across the North-Atlantic Alliance.
    • It works in total compliance with the principles of solidarity and indivisibility of the security of the NATO Member States.

    Opposition to Russian expansion

    • The B9 countries have been critical of President Vladimir Putin’s aggression against Ukraine since 2014, when the war in the Donbas started and Russia annexed the Crimean peninsula.
    • After the Russian invasion of Ukraine on February 24, the B9 met in Warsaw.
    • Ukraine’s President has also appealed to the B9 for defense aid, sanctions, pressure on the aggressor Russia and create one anti-war coalition.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • India ranks 136th in the World Happiness Report 2022

    India ranks 136th in the World Happiness Report 2022, while Finland becomes the happiest country for the fifth consecutive year.

    One can definitely question the credibility of such reports whenever India is being grouped with some African countries that too below Pakistan.

    World Happiness Report

    • The WHR is an annual publication of the UN Sustainable Development Solutions Network.
    • It measures three main well-being indicators: life evaluations, positive emotions, and negative emotions (described in the report as positive and negative affect).
    • Since 2011, the World Happiness Report (WHR) is released every year around the time of International Day of Happiness on March 20.
    • It was adopted by the UN General Assembly based on a resolution tabled by Bhutan.

    How is the WHI derived?

    • The ranking is done on a three-year average based on surveys of ‘Life Evaluation’ conducted by Gallup World Poll which surveys around 1000 people from each country to evaluate their current life on a scale of 0-10.
    • On this scale, 10 marks the best possible and 0 as the worst possible life.
    • Further, six key variables GDP per capita, social support, healthy life expectancy, freedom, generosity, and corruption contribute to explaining life evaluations.

    Top performers this year

    • The top five countries in the list are from Europe.
    • While the United States held the 16th spot in the happiest countries list.
    • Following Finland, Denmark bagged the second rank, while Iceland and Switzerland stood at third and fourth rank.
    • The Netherlands was at the fifth rank in the list.
    • Meanwhile, Luxembourg, Norway, Israel, and New Zealand were the remaining countries in the top 10.

    Dismal performers

    • Afghanistan held the last position of 146th in the list, with Lebanon (145th), Zimbabwe (144th), Rwanda (143rd), and Botswana (142nd) following.
    • Bangladesh has improved its ranking by seven notches on the WHI from 101 last year to 94 in 2022 out of 146 countries included in the report.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • In news: Organisation of Islamic Cooperation (OIC)

     

    In a highly notorious move, the OIC has invited Kashmiri separatist leaders in the Foreign Ministers’ meet in Islamabad.

    What is OIC?

    • The OIC — formerly Organisation of the Islamic Conference — is the world’s second-largest inter-governmental organization after the UN, with a membership of 57 states.
    • The OIC’s stated objective is “to safeguard and protect the interests of the Muslim world in the spirit of promoting international peace and harmony among various people of the world”.
    • OIC has reserved membership for Muslim-majority countries. Russia, Thailand, and a couple of other small countries have Observer status.

    Do you know?

    Guyana and Suriname (from South America) are members of OIC.

    India and OIC: A Backgrounder

    • At the 45th session of the Foreign Ministers’ Summit in 2018, Bangladesh suggested that India, where more than 10% of the world’s Muslims live, should be given Observer status.
    • In 1969, India was dis-invited from the Conference of Islamic Countries in Rabat, Morocco at Pakistan’s behest.
    • Then Agriculture Minister Fakhruddin Ali Ahmed was dis-invited upon arrival in Morocco after Pakistan President Yahya Khan lobbied against Indian participation.

    Recent developments

    • In 2019, India made its maiden appearance at the OIC Foreign Ministers’ meeting in Abu Dhabi, as a “guest of honor”.
    • This first-time invitation was seen as a diplomatic victory for New Delhi, especially at a time of heightened tensions with Pakistan following the Pulwama attack.
    • Pakistan had opposed the invitation to Swaraj and it boycotted the plenary after the UAE turned down its demand to rescind the invitation.

    What is the OIC’s stand on Kashmir?

    • It has been generally supportive of Pakistan’s stand on Kashmir and has issued statements criticizing India.
    • Last year, after India revoked Article 370 in Kashmir, Pakistan lobbied with the OIC for their condemnation of the move.
    • To Pakistan’s surprise, Saudi Arabia and the UAE — both top leaders among the Muslim countries — issued nuanced statements, and were not as harshly critical of New Delhi as Islamabad had hoped.
    • Since then, Islamabad has tried to rouse sentiments among the Islamic countries, but only a handful of them — Turkey and Malaysia — publicly criticized India.

    A group of hippocrats

    • The OIC has been making factually incorrect and unwarranted references to Jammu and Kashmir.
    • The so-called religious group is covertly silent over the persecution of Rohingyas, Uighurs, Kurds etc.

    How has India been responding?

    • India has consistently underlined that J&K is an integral part of India and is a matter strictly internal to India.
    • The strength with which India has made this assertion has varied slightly at times, but never the core message.
    • It has maintained its “consistent and well known” stand that the OIC had no locus standi.
    • This time, India went a step ahead and said the grouping continues to allow itself to be used by a certain country “which has a record on religious tolerance, radicalism, and persecution of minorities”.

    OIC members and India

    • Individually, India has good relations with almost all member nations. Ties with the UAE and Saudi Arabia, especially, have looked up significantly in recent years.
    • The OIC includes two of India’s close neighbors, Bangladesh and Maldives.
    • Indian diplomats say both countries privately admit they do not want to complicate their bilateral ties with India on Kashmir but play along with OIC.

    Way ahead

    • India sees the duality of the OIC as untenable, since many of these countries have good bilateral ties and convey to India to ignore OIC statements.
    • But these countries sign off on the joint statements which are largely drafted by Pakistan.
    • India feels it important to challenge the double-speak since Pakistan’s campaign and currency on the Kashmir issue has hardly any takers in the international community.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Geneva Conventions and the Russia-Ukraine War

    As the evidence of casualties in the civilian population continues to mount, the world will increasingly look to the Geneva Conventions in the Russia-Ukraine conflict.

    Geneva Conventions Guidelines for Wartime

    • These are a set of four treaties, formalized in 1949, and three additional protocols, which codify widely accepted ethical and legal international standards for humanitarian treatment of those impacted by war.
    • The focus of the Conventions is the:
    1. Treatment of non-combatants and prisoners of war, and
    2. Not the use of conventional or biological and chemical weapons

    What are the four Geneva Conventions?

    (1) First Geneva Convention: Health and Medical Issues

    • It protects wounded and sick soldiers on land during war.
    • This convention extends to medical and religious personnel, medical units, and medical transport.
    • It has two annexes containing a draft agreement relating to hospital zones and a model identity card for medical and religious personnel.

    (2) Second Geneva Convention:  Offshore Protection

    • It protects wounded, sick and shipwrecked military personnel at sea during war.
    • This convention also extends to hospital ships and medical transports by sea, with specific commentary on the treatment and protections for their personnel.

    (3) Third Geneva Convention: Treatment of Prisoners of War (PoW)

    It applies to prisoners of war, including a wide range of general protections such as humane treatment, maintenance and equality across prisoners, conditions of captivity, questioning and evacuation of prisoners, transit camps, food, clothing, medicines, hygiene and right to religious, intellectual, and physical activities of prisoners.

    (4) Fourth Geneva Convention: Civilian protection of occupied territory ***

    • It particularly applies to the invasion of Ukraine by Russian military forces.
    • It protects civilians, including those in occupied territory.
    • Comprising 159 articles, it outlines the norms for this critical dimension of conflict.

    Extent of the Fourth Geneva Convention amid the Ukraine-Russia War

    • Along with the Additional Protocols of 1977, the Fourth Convention expounds upon the:
    1. General protection of populations against certain consequences of war
    2. Conduct of hostilities and the status and
    3. Treatment of protected persons
    4. Distinguishing between the situation of foreigners on the territory of one of the parties to the conflict and that of civilians in occupied territory
    • This convention also spells out the obligations of the occupying power vis-à-vis the civilian population and outlines detailed provisions on humanitarian relief for populations in occupied territory.

    Which countries are signatories?

    • The Geneva Conventions have been ratified by 196 states, including all UN member states.
    • The three Protocols have been ratified by 174, 169 and 79 states respectively.

    Russia and these conventions

    • In 2019, perhaps anticipating the possibility of its invading Ukraine in the near future, Russia withdrew its declaration under Article 90 of Protocol 1.
    • By withdrawing this declaration, Russia has pre-emptively left itself with the option to refuse access by any international fact-finding missions to Russian entities.
    • Not withdrawing could have find Russia responsible for violations of the Geneva Conventions standards.
    • Further, the four conventions and first two protocols of the Geneva Conventions were ratified by the Soviet Union, not Russia.
    • Hence there is a risk of the Russian government of the day disavowing any responsibility under the Conventions.

    What would be the steps for potential prosecution under the Conventions?

    • Under Article 8 of the Rome Statute of the ICC, it is the ICC that has jurisdiction in respect of war crimes, in particular “when committed as part of a plan or policy or as part of a large-scale commission of such crimes.”

    To what extent have Geneva Conventions been upheld worldwide in recent years?

    • Amnesty International notes that there has been a blatant disregard for civilian protection and international humanitarian law in armed conflicts where four of the five permanent members of the UN Security Council are parties.
    • Specifically, Amnesty cited:
    1. US-led coalition’s bombing of Raqqa in Syria, which left more than 1,600 civilians dead
    2. Destruction of civilian infrastructure and lives in Aleppo and Idlib by Russian forces
    3. Leading to mass displacement of millions
    4. War in Yemen where the Saudi Arabia and the UAE-led coalition, backed by the West, killed and injured thousands of civilians, fuelling a full-blown humanitarian crisis

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • What is ‘Most Favoured Nation’ Status?

    The United States, the European Union, Britain, Canada and Japan are to move jointly to revoke Russia’s “most favoured nation” (MFN) status over its invasion of Ukraine.

    What is MFN status?

    • The World Trade Organization’s 164 members commit to treating other members equally so they can all benefit from each other’s lowest tariffs, highest import quotas and fewest trade barriers.
    • This principle of non-discrimination is known as most favoured nation (MFN) treatment.
    • There are some exceptions, such as when members strike bilateral trade agreements or when members offer developing countries special access to their markets.
    • For countries outside the WTO, such as Iran, North Korea, Syria or Russian ally Belarus, WTO members can impose whatever trade measures they wish without flouting global trading rules.

    Removal of MFN status

    • There is no formal procedure for suspending MFN treatment and it is not clear whether members are obliged to inform the WTO if they do so.
    • India suspended Pakistan’s MFN status in 2019 after a suicide attack by a Pakistan-sponsored group.
    • Pakistan never applied MFN status to India.

    What does losing MFN status mean?

    • Revoking Russia’s MFN status sends a strong signal that the US and its Western allies do not consider Russia a economic partner in any way, but it does not in itself change conditions for trade.
    • It does formally allow the Western allies to increase import tariffs or impose quotas on Russian goods, or even ban them, and to restrict services out of the country.
    • They could also overlook Russian intellectual property rights.
    • Ahead of MFN status removal, the United States had already announced a ban on imports of Russian oil and gas.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Biological and Toxin Weapons Convention (BTWC)

    India has emphasized on following the Biological and Toxin Weapons Convention (BTWC) at the UNSC meeting on Ukraine.

    Why in news?

    • The meeting came after a request from Russia, who claimed that the US is involved in bioweapon manufacture in war-torn Ukraine.
    • However, Washington has strongly dismissed this claim.

    What is BTWC?

    • The Biological and Toxin Weapons Convention (BTWC) was the first multilateral treaty categorically banning a class of weapon.
    • It is a treaty that came into force in 1975 and prohibits the development, production, acquisition, transfer, stockpiling and use of biological weapons.
    • A total of 183 countries are party to the treaty that outlaws bioweapons, including US, Russia and Ukraine.

    Obligations of the treaty

    • The treaty prohibits the development, stockpile, production, or transfer of biological agents and toxins of “types and quantities” that have no justification for protective or peaceful use.
    • Furthermore, the treaty bans the development of weapons, equipment, or delivery systems to disseminate such agents or toxins.
    • Should a state possess any agent, toxin, or delivery system for them, they have nine months from entry into force of the treaty to destroy their stockpiles, or divert them for peaceful use.
    • The convention stipulates that states shall cooperate bilaterally or multilaterally to solve compliance issues.
    • States may also submit complaints to the UNSCR should they believe another state is violating the treaty.

    Issues with the treaty

    • There is no implementation body of the BTWC, allowing for blatant violations as seen in the past.
    • There is only a review conference that too every five years to review the convention’s implementation, and establish confidence-building measures.

    Signatories to the BTWC

    • The Convention currently has 183 states-parties, including Palestine, and four signatories (Egypt, Haiti, Somalia, and Syria).
    • Ten states have neither signed nor ratified the BWC: Chad, Comoros, Djibouti, Eritrea, Israel, Kiribati, Micronesia, Namibia, South Sudan, and Tuvalu.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Motor Vehicles Agreement (MVA) of the BBIN

    With Bhutan continuing to sit out the Motor Vehicles Agreement (MVA) of the sub-regional Bangladesh-Bhutan-India-Nepal (BBIN) grouping, a meeting of the other three countries was held to discuss the next steps in operationalizing the agreement for the free flow of goods and people between them.

    What is Motor Vehicles Agreement (MVA)?

    • India, Nepal, Bhutan and Bangladesh signed a Motor Vehicles Agreement (MVA) for the Regulation of Passenger, Personal and Cargo Vehicular Traffic among the four South Asian neighbours.
    • It was signed on 15 June 2015 at the BBIN transport ministers meeting in Thimpu, Bhutan.
    • The act will facilitate a way for a seamless movement of people and goods across their borders for the benefit and integration of the region and its economic development.

    Key terms of the Agreement

    • Trans-shipment of goods: Cargo vehicles will be able to enter any of the four nations without the need for trans-shipment of goods from one country’s truck to another’s at the border.
    • Free transport: The agreement would permit the member states to ply their vehicles in each other’s territory for transportation of cargo and passengers, including third-country transport and personal vehicles.
    • Electronic permit: As per the agreement each vehicle would require an electronic permit to enter another country’s territory, and border security arrangements between nations’ borders will also remain.
    • Ultra-security: Vehicles are fitted with an electronic seal that alerts regulators every time the container door is opened.

    Implementation status of the agreement

    • The agreement will enter into force after it is ratified by all four member nations.
    • The agreement has been ratified by Bangladesh, India and Nepal.
    • The lower house of the Bhutanese parliament approved the agreement in early 2016, but it was rejected by the upper house in November 2016.
    • Bhutan has requested for a cap to be fixed on the number of vehicles entering its territory

    What next?

    • India remains “hopeful” that Bhutan could change its position on the project, it was decided at a meeting in November 2021 to go ahead for now, given that there are no new signals from Thimphu on the project.
    • Progress on the seven-year-old project has been slow, despite several trial runs being held along the Bangladesh-India-Nepal road route for passenger buses and cargo trucks.
    • There are still some agreements holding up the final protocols.

    Back2Basics: Bangladesh, Bhutan, India, Nepal (BBIN)

    • BBIN Initiative is a sub-regional architecture of countries in Eastern South Asia, a sub-region of South Asia.
    • The group meets through the official representation of member states to formulate, implement and review quadrilateral agreements across areas such as water resources management, connectivity of power, transport, and infrastructure.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • What is the Temporary Protection Directive of the EU?

    Responding to the crisis, EU Member States made the unprecedented decision to activate a major European Union’s Council Directive, known as the Temporary Protection Directive (TPD).

    What is Temporary Protection?

    • The EU Commission describes “temporary protection” under the TPD as an “exceptional measure to provide immediate and temporary protection to displaced persons from non-EU countries and those unable to return to their country of origin”.
    • The directive applies when there is a risk that the standard asylum system is struggling to cope with demand stemming from a mass influx risking a negative impact on the processing of claims.

    Objectives of this protection

    1. To both establish minimum standards for giving temporary protection to displaced persons
    2. To promote a balance of effort between Member States in receiving and bearing the consequences of receiving such persons

    Why establish standards?

    The Commission gives two reasons for doing so:

    • It reduces disparities between the policies of EU States on the reception and treatment of displaced persons in a situation of mass influx.
    • It promotes solidarity and burden-sharing among EU States with respect to receiving large numbers of potential refugees at one time.”

    What obligations does the TPD place upon EU states?

    According to the European Commission, the TPD “foresees harmonised rights for the beneficiaries of temporary protection”, which include:

    • Residence permit for the duration of the protection (which can last from 1-3 years),
    • Appropriate information on temporary protection,
    • Access to employment,
    • Access to accommodation or housing,
    • Access to social welfare or means of subsistence,
    • Access to medical treatment,
    • Access to education for minors,
    • Opportunities for families to reunite in certain circumstances, and
    • Guarantees for access to the normal asylum procedure

    The TPD also contains provisions for the return of displaced persons to their country of origin, unless they have committed serious crimes or they “pose a threat to security from the benefit of temporary protection”.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • Why do Indians go abroad for medical studies?

    • According to estimates from Ukraine, reported in the media, around 18,000 Indian students are in Ukraine (before Operation Ganga).
    • Most of them are pursuing medicine.
    • This war has turned the spotlight on something that has been the trend for about three decades now.

    Preferred countries for medical degree

    • For about three decades now, Indian students have been heading out to Russia, China, Ukraine, Kyrgyzstan, Kazakhstan, and Philippines to pursue a medical degree.

    Hype of becoming a Doctor

    • Prestige: The desire to study medicine still holds a lot of value in the Indian community (the other is becoming an IAS officer).
    • Shortages of Doctor: In many rural areas, people still look at doctors as god’s incarnate.
    • Rarity of opportunity: The lack of equal opportunities exacerbated by the caste factor in the Indian context, has a great deal of impact on the prestige still associated with being a doctor.
    • Social upliftment ladder: For years, certain communities were denied the opportunities, and finally they do have a chance at achieving significant educational status.

    Why go abroad?

    • No language barrier: The medium of education for these students is English, a language they are comfortable with.
    • Affordability: The amount spent on living and the medical degree are far more affordable than paying for an MBBS seat in private medical colleges in India.
    • Aesthetics and foreign culture: People are willing to leave their home to study far away in much colder places and with completely alien cultures and food habits.
    • Practice and OPD exposure: It broadens students’ mind and thinking, expose them to a whole range of experiences, and their approach to issues and crises is likely to be far better.

    Doesn’t India have enough colleges?

    (a) More aspirants than seats

    • There are certainly far more MBBS aspirants than there are MBBS seats in India.
    • In NEET 2021, as per a National Testing Agency press release, 16.1 lakh students registered for the exam, 15.4 lakh students appeared for the test, and 8.7 lakh students qualified.
    • As per data from the National Medical Commission (NMC), in 2021-22, there were 596 medical colleges in the country with a total of 88,120 MBBS seats.
    • While the skew is in favour of Government colleges, it is not greatly so, with the number of private medical institutions nearly neck-to-neck with the state-run ones.

    (b) Fees structure

    • That means over 50% of the total seats are available at affordable fees in Government colleges.
    • Add the 50% seats in the private sector that the NMC has mandated must charge only the government college fees.
    • In fully private colleges, the full course fees range from several lakhs to crores.

    (c) Uneven distribution of colleges

    • These colleges are also not distributed evenly across the country, with States such as Maharashtra, Karnataka, Tamil Nadu and Kerala having many more colleges.

    What about costs?

    • The cost factor on both sides of an MBBS degree is significant.
    • The costs of an MBBS degree in a Government college tot up to a few lakhs of rupees for the full course, but in a private medical college, it can go up to ₹1 crore for the five-year course.
    • In case it is a management seat, capitation fees can inflate the cost by several lakhs again.
    • Whereas, an MBBS course at any foreign medical university in the east and Eastern Europe costs far less (upto ₹30lakh-₹40 lakh).

    Way forward

    • While PM Modi emphasised that more private medical colleges must be set up in the country to aid more people to take up MBBS, medical education experts have called for pause on the aspect.
    • If the aim is to make medicine more accessible to students of the country, the path ahead is not in the private sector, but in the public sector, with the Central and State governments’ involvement.
    • Starting private medical colleges by reducing the strict standards set for establishing institutes may not actually be the solution to this problem, if we think this is a concern.

    Conclusion

    • Creating more medical colleges will be beneficial for the country, if access and availability can be ensured.
    • This will not be possible by resorting to private enterprise only.
    • The State and Central governments can start more medical colleges, as recommended by NITI Aayog, by utilising district headquarters hospitals, and expanding the infrastructure.
    • This way, students from the lower and middle socio-economic rung, who are otherwise not able to access medical seats, will also benefit.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)

  • FATF retains Pakistan on its terror funding ‘Grey List’

    The global money laundering and terrorist financing watchdog Financial Action Task Force (FATF) has retained Pakistan on its terrorism financing “grey list”.

    What is the FATF?

    • FATF is an intergovernmental organization founded in 1989 on the initiative of the G7 to develop policies to combat money laundering.
    • The FATF Secretariat is housed at the OECD headquarters in Paris.
    • It holds three Plenary meetings in the course of each of its 12-month rotating presidencies.
    • As of 2019, FATF consisted of 37 member jurisdictions.

    India and FATF

    • India became an Observer at FATF in 2006. Since then, it had been working towards full-fledged membership.
    • On June 25, 2010, India was taken in as the 34th country member of FATF.
    • The EAG (Eurasian Group) is a regional body comprising nine countries: India, Russia, China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan and Belarus.

    What is the role of FATF?

    • Watchdog on terror financing: The rise of the global economy and international trade has given rise to financial crimes such as money laundering.
    • Recommendation against financial crimes: The FATF makes recommendations for combating financial crime, reviews members’ policies and procedures, and seeks to increase acceptance of anti-money laundering regulations across the globe.

    What is the Black List and the Grey List?

    • Black List: The blacklist, now called the “Call for action” was the common shorthand description for the FATF list of “Non-Cooperative Countries or Territories” (NCCTs).
    • Grey List: Countries that are considered safe haven for supporting terror funding and money laundering are put in the FATF grey list. This inclusion serves as a warning to the country that it may enter the blacklist.

    Consequences of being in the FATF black list:

    • Economic sanctions from IMF, World Bank, ADB
    • Problem in getting loans from IMF, World Bank, ADB and other countries
    • Trade sanctions: Reduction in international trade
    • International boycott

    Pakistan and FATF

    • Pakistan, which continues to remain on the “grey list” of FATF, had earlier been given the deadline till June to ensure compliance with the 27-point action plan against terror funding networks.
    • It has been under the FATF’s scanner since June 2018, when it was put on the Grey List for terror financing and money laundering risks.
    • FATF and its partners such as the Asia Pacific Group (APG) are reviewing Pakistan’s processes, systems, and weaknesses on the basis of a standard matrix for anti-money laundering (AML) and combating the financing of terrorism (CFT) regime.

     

    UPSC 2022 countdown has begun! Get your personal guidance plan now! (Click here)