October 19, 2019

From Indian action to IMF’s caution, US reaction Situationer

ISLAMABAD: The day that New Delhi abolished the special status of India Held Kashmir and made it part of its own territory in flagrant violation of the UN Resolution on Kashmir, Washington called it “internal affairs” of India, while the IMF warned Pakistan not to leave the FATF the gray list could jeopardize the country’s external financing guarantees.

Although the IMF maintains that it is an independent body immune to political influence that has a coherent stance on the FATF issue, some circles question the timing of its last statement that coincides with the revocation of Held Kashmir’s constitutional status.

By raising suspicion of a possible trap for Pakistan, the Indian media, ThePrint, state that its Foreign Affairs Minister, S. Jaishankar, informed his US counterpart, U.S. Secretary of State Mike Pompeo about the intention. from the Modi government to repeal article 370 and article 35A for Jammu and Kashmir.

ThePrint revealed that this, however, was not the first time the United States was informed about this issue. In February, two days after Pulwama’s attack, national security adviser Ajit Doval phoned his US counterpart John Bolton and informed him about Modi’s government plans to eliminate the “special status” of Jammu and Kashmir.

However, Pakistan was overwhelmed with the mediation offer by US President Trump between Pakistan and India to help solve the Kashmir problem, Washington’s latest response on the Indian IHK movement that subtly supports New Delhi. .

Ignoring UN resolutions on Kashmir, the United States on Monday urged India to start a debate with those affected by its decision to revoke the special status of Kashmir.

However, the statement issued in Washington also referred to India’s position on this issue, not to mention Pakistan’s position.

The statement also did not mention recent offers by US President Donald Trump to mediate between India and Pakistan to help resolve the Kashmir dispute.

In a statement on July 22, President Trump had said that Indian Prime Minister Narendra Modi had asked him to mediate in the Kashmir dispute.

In a strange coincidence, the IMF resident chief, Teresa Daban Sánchez, also chose to speak on Monday, warning that the fact that Pakistan does not leave the FATF gray list could have implications for capital inflows that jeopardize guarantees of foreign financing.

“The IMF could continue dealing with countries in gray or black lists, but it will have an impact on capital inflows. The IMF Board of Directors wants the Fund to analyze money laundering and terrorist financing issues because it hindered the tax system. The IMF is primarily responsible for ensuring macroeconomic and financial stability, so analyzing FATF issues becomes important to us, “said the IMF Resident Representative in Pakistan, speaking at the Senior Journalists Forum organized here in the National Press Club (NPC) on Monday.

The Indian government hastened on Monday through a presidential decree to abolish articles 370 and 35A of the Constitution, which grants a special status to the Indian Held Kashmir.

Leave a Reply

Your email address will not be published. Required fields are marked *