1 PRIME MINISTER OYUN-ERDENE VISITS EGIIN GOL HYDROPOWER PLANT PROJECT SITE WWW.MONTSAME.MN PUBLISHED:2025/04/30      2 ‘I FELT CAUGHT BETWEEN CULTURES’: MONGOLIAN MUSICIAN ENJI ON HER BEGUILING, BORDER-CROSSING MUSIC WWW.THEGUARDIAN.COM PUBLISHED:2025/04/30      3 POWER OF SIBERIA 2: ECONOMIC OPPORTUNITY OR GEOPOLITICAL RISK FOR MONGOLIA? WWW.THEDIPLOMAT.COM PUBLISHED:2025/04/29      4 UNITED AIRLINES TO LAUNCH FLIGHTS TO MONGOLIA IN MAY WWW.MONTSAME.MN PUBLISHED:2025/04/29      5 SIGNATURE OF OIL SALES AGREEMENT FOR BLOCK XX PRODUCTION WWW.RESEARCH-TREE.COM  PUBLISHED:2025/04/29      6 MONGOLIA ISSUES E-VISAS TO 11,575 FOREIGNERS IN Q1 WWW.XINHUANET.COM PUBLISHED:2025/04/29      7 KOREA AN IDEAL PARTNER TO HELP MONGOLIA GROW, SEOUL'S ENVOY SAYS WWW.KOREAJOONGANGDAILY.JOINS.COM  PUBLISHED:2025/04/29      8 MONGOLIA TO HOST THE 30TH ANNUAL GENERAL MEETING OF ASIA SECURITIES FORUM WWW.MONTSAME.MN PUBLISHED:2025/04/29      9 BAGAKHANGAI-KHUSHIG VALLEY RAILWAY PROJECT LAUNCHES WWW.UBPOST.MN PUBLISHED:2025/04/29      10 THE MONGOLIAN BUSINESS ENVIRONMENT AND FDI: CHALLENGES AND OPPORTUNITY WWW.MELVILLEDALAI.COM  PUBLISHED:2025/04/28      849 ТЭРБУМЫН ӨРТӨГТЭЙ "ГАШУУНСУХАЙТ-ГАНЦМОД" БООМТЫН ТЭЗҮ-Д ТУРШЛАГАГҮЙ, МОНГОЛ 2 КОМПАНИ ҮНИЙН САНАЛ ИРҮҮЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     ХУУЛЬ БУСААР АШИГЛАЖ БАЙСАН "БОГД УУЛ" СУВИЛЛЫГ НИЙСЛЭЛ ӨМЧЛӨЛДӨӨ БУЦААВ WWW.NEWS.MN НИЙТЭЛСЭН:2025/04/30     МЕТРО БАРИХ ТӨСЛИЙГ ГҮЙЦЭТГЭХЭЭР САНАЛАА ӨГСӨН МОНГОЛЫН ГУРВАН КОМПАНИ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     "UPC RENEWABLES" КОМПАНИТАЙ ХАМТРАН 2400 МВТ-ЫН ХҮЧИН ЧАДАЛТАЙ САЛХИН ЦАХИЛГААН СТАНЦ БАРИХААР БОЛОВ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/04/30     ОРОСЫН МОНГОЛ УЛС ДАХЬ ТОМООХОН ТӨСЛҮҮД ДЭЭР “ГАР БАРИХ” СОНИРХОЛ БА АМБИЦ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/30     МОНГОЛ, АНУ-ЫН ХООРОНД ТАВДУГААР САРЫН 1-НЭЭС НИСЛЭГ ҮЙЛДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     ЕРӨНХИЙ САЙД Л.ОЮУН-ЭРДЭНЭ ЭГИЙН ГОЛЫН УЦС-ЫН ТӨСЛИЙН ТАЛБАЙД АЖИЛЛАЖ БАЙНА WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     Ц.ТОД-ЭРДЭНЭ: БИЧИГТ БООМТЫН ЕРӨНХИЙ ТӨЛӨВЛӨГӨӨ БАТЛАГДВАЛ БУСАД БҮТЭЭН БАЙГУУЛАЛТЫН АЖЛУУД ЭХЛЭХ БОЛОМЖ БҮРДЭНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/04/29     MCS-ИЙН ХОЁР ДАХЬ “УХАА ХУДАГ”: БНХАУ, АВСТРАЛИТАЙ ХАМТРАН ЭЗЭМШДЭГ БАРУУН НАРАНГИЙН ХАЙГУУЛЫГ УЛСЫН ТӨСВӨӨР ХИЙЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29     АМ.ДОЛЛАРЫН ХАНШ ТОГТВОРЖИЖ 3595 ТӨГРӨГ БАЙНА WWW.EGUUR.MN НИЙТЭЛСЭН:2025/04/29    

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MBCC “Doing Business with Mongolia seminar and Christmas Receptiom” Dec 10. 2024 London UK MBCCI London UK Goodman LLC

NEWS

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China’s billion-dollar cash-for-copper trade grinds to a halt www.bloomberg.com

For the past 15 years, the center of gravity of the global copper market has been a row of warehouses in Shanghai’s free-trade zone where the Yangtze River meets the Pacific.
Traders from London to Lima would obsess over the flows in and out of Shanghai’s huge bonded copper stockpile. It was the focal point for a multi-billion-dollar cash-for-copper trade, whereby Chinese companies would use metal as collateral for cheap financing. A cottage industry of analysts sprang up to estimate the size of what became the world’s largest cache of copper metal.
But now China’s bonded warehouses are all but empty. The once-frenetic flow of metal into the stockpile has come to a juddering halt as two dominant financiers of Chinese metals, JPMorgan Chase & Co. and ICBC Standard Bank Plc, have halted new business there. Numerous traders and bankers interviewed by Bloomberg said they believe the trade is dead for now, and some predicted the bonded stocks could drop to zero, or close to it.
The implications are being felt across the market, as the world’s largest copper consumer becomes more reliant on imports to meet its near-term needs at a time when global stocks are already at historically low levels. The Chinese copper market is at its tightest in more than a decade as traders pay massive premiums for immediate supplies.
For now, the miners, traders and financiers arriving in London this weekend for the annual LME Week jamboree are largely cautious on the near-term prospects for copper, given concerns about the global economy. But many in the market say they are braced for price spikes when the macroeconomic news eventually improves. And without its buffer of bonded stocks, any pickup in Chinese demand could have an explosive effect on the market.
“The physical market is so tight, it’s like a room full of gunpowder — any spark and the whole thing could blow,” said David Lilley, chief executive of hedge fund Drakewood Capital Management Ltd. Without the Shanghai bonded inventory, “we are living without a safety net.”
China’s bonded copper stockpile (so called because metal there is held “in bond,” before import duties have been paid) first came to the world’s attention in the wake of the global financial crisis. When copper prices slumped, Chinese traders bought up all the metal they could find — thanks to Beijing’s massive stimulus plan — making copper the leading indicator of the global economic recovery.
But China wasn’t actually consuming all that copper — at least, not right away. Instead, the traders directed it into the bonded stockpile, using the metal to raise financing. An expansion of government credit to support trade and infrastructure meant there were many easy opportunities for companies to raise money with copper — using bank lines for import financing or repurchase agreements, known as “repos,” to turn their metal inventories into short-term cash.
“It’s like a room full of gunpowder — any spark and the whole thing could blow.”
The money they raised could then be reinvested in other areas, such as the red-hot property market. Many Chinese companies with no connection to the commodities industry hired teams of traders and bankers to get into the copper game. The ebbs and flows of China’s credit cycle began to drive the global copper market.
At the peak in around 2011-12, China’s bonded stocks held about a million tons of copper, worth some $10 billion. This month, they totaled just 30,000 tons, according to industry consultancy Shanghai Metals Market. That’s down nearly 300,000 tons from earlier this year and the lowest level in decades, according to several Chinese physical traders who have been in the market for over 15 years.
Warehousing fraud
The decline began several years ago, with the massive warehousing fraud at Qingdao in 2014 that caused many banks and traders to reassess their appetite for the Chinese metals industry as a whole.
But it accelerated this year, as China’s economic slump, rising interest rates and several high-profile losses caused more participants to step away. The final blow came this autumn, as Maike Metals International Ltd., China’s top copper trader and a very active participant in the bonded copper trade, faced a liquidity crisis.
JPMorgan and ICBC Standard Bank have not entered new metal financing trades for bonded metal since September, and people familiar with the matter said it’s not clear if they will restart.
The Chinese physical traders, who asked not to be identified, said they expected Shanghai’s bonded copper stocks to drop further — potentially to zero, or just a few hundred tons — as market participants have lost confidence in the business of using metal to raise financing for other purposes.
To be sure, China’s copper imports and production have remained at high levels despite the economic slowdown: the metal just hasn’t been going into bonded warehouses.
But the consequence of the collapse in stocks is already being felt in the market. Copper for immediate delivery on the Shanghai Futures Exchange traded this month at a 2,020 yuan premium to copper for delivery in three months – the most since 2005. Physical premiums — which are paid over and above exchange prices to secure physical metal — have risen to the highest in nearly a decade at Yangshan, in Shanghai’s bonded zone.
And it’s not just in China that stocks are low. Robert Edwards at CRU Group estimates that global copper stocks currently stand at just 1.6 weeks of consumption — the lowest ever in the consultancy’s data going back to 2001.
As a result, any improvement in the macroeconomic outlook or pickup in Chinese demand could have dramatic implications for global copper prices.
“If the Chinese economy does get a bit better we could in a lot of commodities be saying, ‘Oh, where’s the inventory?’” said Mark Hansen, chief executive of metals trader Concord Resources Ltd. “We’ll find it just doesn’t exist.”
(By Alfred Cang and Jack Farchy)
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Mongolia pledges to spend 1 percent of its GDP on greening programme www.news.mn

Like most countries, Mongolia is also a victim of climate change and is taking steps to counter this scourge. The country is greening its environment, which seems a peculiarity, given its topography. But it is moving passionately towards creating a sanctuary for greenery in the Gobi Desert.
Greening Mongolia’s environment seems to be a peculiarity considering the vast expanse of Mongolia’s southern Gobi. Growing trees and plants to create a green oasis in an arid region may seem inconceivable, but Mongolia is bucking the trend and proving sceptics wrong.
If Singapore has a target of growing one million trees by 2030, then Mongolia has an even more ambitious target: it plans to grow one billion trees by that year.
The government manifests its seriousness by pledging to spend at least 1 percent of its annual gross domestic product (GDP) on a comprehensive national programme.
The Mongolian government has drawn up a three-stage plan for this campaign, with a preparatory phase planned for 2021-24, an intensification phase in 2024-26 and a sustainable implementation phase in 2027-30.
Mongolia needs to act quickly as desertification degrades the land’s fertility. The country is now confronting a major problem affecting over three-quarters of its total land territory. The lives of the country’s nomadic herders are now under threat because of climate change, which also erodes the nation’s food and water security.
Public-private sector partnerships have been forged to focus on reforestation and forest management, giving an impetus to the tree-planting programme. Several big firms have committed to planting 20 million to 120 million trees over the coming decade.
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16 COVID-19 cases recorded in Mongolia on Oct 24 www.akipress.com

16 new COVID-19 cases were recorded in Mongolia on October 24.
13 of them were contacts in Ulaanbaatar, and 3 were registered in the regions. No imported cases were found.
The death toll from coronavirus remained 2,131.
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Pound gains as Rishi Sunak leads race to become PM www.bbc.com

The pound has gained on the dollar as Boris Johnson dropped out of the Tory leadership race, leaving Rishi Sunak as the favourite to become prime minister.
On Monday morning, sterling was trading at around $1.13.
Meanwhile, government borrowing costs dropped as the markets opened after the weekend.
Former chancellor Mr Sunak is now the only candidate backed by more than 100 Tory MPs, the level required to take part in the ballot of party members.
Mr Johnson, who claimed he had the support of 102 MPs although only 57 MPs did so publicly, dropped out after saying he would be unable to unite his party.
Commons leader Penny Mordaunt remains in the race but is some way off securing 100 backers according to a BBC tally of MPs who have publicly declared their intentions.
The deadline is 14:00 BST on Monday.
Last month, sterling plunged to a record low against the dollar and government borrowing costs rose sharply in the aftermath of outgoing Prime Minister Liz Truss's mini-budget.
Investors were spooked after then-Chancellor Kwasi Kwarteng promised major tax cuts without saying how they would be paid for - something Mr Sunak warned about during this summer's Tory leadership contest.
Last week, new Chancellor Jeremy Hunt withdrew almost all of Ms Truss's tax cuts in a bid to stabilise the financial markets but they have remained jittery.
On Friday, the pound fell as low as $1.11 and government borrowing costs rose amid continued political uncertainty and fresh warnings about the UK economy.
On Monday, government borrowing costs fell back following Mr Johnson's decision.
The interest rate - or yield - on bonds due to be repaid in 30 years' time dropped to 3.8%, making government borrowing cheaper. They had hit 5.17% on 28 September after the mini-budget and a subsequent pledge by Mr Kwarteng to announce more tax cuts.
Mr Hunt - who is backing Mr Sunak - is scheduled to set out the government's economic plan for taxes and spending on 31 October.
He has warned the government is facing "decisions of eye-watering difficulty".
But on Monday, financier and long-term Tory supporter Guy Hands said the Conservative Party was not fit to run the country and risked having to ask the International Monetary Fund (IMF) for a bailout.
"I think it's got to move on from fighting its own internal wars and actually focus on what needs to be done in economy, and admitting some of the mistakes they've made in the last six years which have frankly put this country on a path to be the sick man of Europe," said Mr Hands.
He warned that the UK was headed for higher taxes, reduced public services and higher interest rates which would "eventually" lead to a bailout from the IMF "like we were in the 70s".
At the weekend, the former governor Bank of England warned that the UK is facing a "more difficult" era of austerity than the one after the 2008 financial crisis in order to stabilise the economy.
Lord Mervyn King said the average person could face "significantly higher taxes" to fund public spending.
Megan Greene, a global chief economist at the Kroll Institute consultancy, told the BBC's Today programme that while Mr Sunak's position as the frontrunner "should help" calm the markets: "The UK has a really tough line to walk."
"On the one hand it can't provide these budgets that are fiscally irresponsible, or that seem fiscally irresponsible, we've seen what happens with the market then, but equally Rishi Sunak is going to come and probably announce a lot of austerity and he can't go too far on that end either because then the markets will look at that and think the UK is never going to grow.
"Even without all the political drama, the economic environment in the UK is incredibly difficult."
A fall in the value of the pound increases the price of goods and services imported into the UK from overseas - because when the pound is weak against the dollar or euro, for example, it costs more for companies in the UK to buy things such as food, raw materials or parts from abroad.
If businesses pass on those higher costs to customers, a weaker pound can help push up inflation - the rate at which prices rise.
Also, for Britons travelling overseas, changes in the pound's value affect how far their money will go abroad.
Sterling has also been under pressure recently due the strength of the US dollar.
However, the pound's weakness in recent weeks has been most tied to mounting concerns about the outlook for the UK's economy and public finances.
The official rate of inflation rose to 10.1% last month and is expected to climb further.
The UK is also borrowing billions of pounds to limit energy bill rises for households and businesses.
Borrowing - the difference between spending and tax income - was £20bn in September, up £2.2bn from a year earlier, the Office for National Statistics said.
It was the second highest September borrowing since monthly records began in 1993.
The Institute for Fiscal Studies think tank predicted borrowing this year could reach £194bn, almost double the figure previously forecast by The Office For Budget Responsibility.
 
 
 
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Diversity Visa 2024 Program www.mn.usembassy.gov

Every year, the Department of State administers the Diversity Visa Program for applicants from countries with historically low rates of immigration to the United States. For the year 2024, up to 55,000 Diversity Visas (DVs) will be available worldwide. There is no cost to register for this program. The online registration period for the Diversity Visa 2024 Program (DV-2024) begins on Wednesday, October 5, 2022, and ends on Tuesday, November 8, 2022, at 12:00 noon.
IMPORTANT REMINDERS when you apply for this program:
Read all instructions before submitting your application: https://mn.usembassy.gov/.../immigrant.../diversity-visa-mn/
Go to dvprogram.state.gov to submit your entry. This is the ONLY way to enter.
Beware of scams. There is NO FEE to enter.
Beware of those who claim they can improve your chances if you pay them or who offer to complete your application for you. If someone does help you with your application, you should be present so that you can provide the correct answers to all questions and to make sure that you keep a printout of your confirmation page with your unique confirmation number.
You must use a recent photo. Make sure your photo was taken in the last six months. Using an old photo will disqualify you. Your photos must meet the same standards as U.S. visa photos.
Only submit ONE entry per person. If your name is entered more than once per DV season (DV-2024), you will be disqualified.
List ONLY your legally married spouse on your application. Listing a partner on your application if you are not legally married at the time of your registration for the lottery will result in disqualification.
List ALL of your children under the age of 21 on your application, even if they do not live with you or will not be traveling/immigrating with you. Incorrect or incomplete information in your entry will result in disqualification.
Keep your unique confirmation number. You will need this number to check whether you have been selected to apply for a Diversity Visa.
The Department of State determines who is selected through a randomized drawing. Selections will be made starting on May 6, 2023 (Washington, DC, Eastern Standard Time). The U.S. government will NOT inform you directly if you are selected. The Entrant Status Check on the website dvprogram.state.gov/ESC is the ONLY way to see if you were selected. Do NOT be fooled by any letter or e-mail announcements; these are scams.
Being selected in the DV lottery drawing does not guarantee you an interview or a visa. It means that you are eligible to apply for the visa.
The entry period ends on Tuesday, November 8, 2022, at 12:00 pm. Submit your entry before the deadline. Good luck to everyone who applies!
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Mongolian Speaker to pay working visit to ROK www.montsame.mn

Chairman of the State Great Khural of Mongolia G.Zandanshatar will pay a working visit to the Republic of Korea on October 25-30.
Within the framework of his visit, the Mongolian Speaker will hold a bilateral meeting with his South Korean counterpart Kim Jin-pyo. With aims to deepen bilateral relations, strengthen relations between the highest legislative bodies of the two countries, expand the cooperation between the friendship group and facilitate the visa requirements of citizens, he will also meet with the Deputy Speaker, Mongolia-South Korea Friendship Group Chair, and Foreign Minister.
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Mining Minister meets UK Prime Minister’s Trade Envoy www.montsame.mn

Minister of Mining and Heavy Industry J.Ganbaatar today received UK Prime Minister’s Trade Envoy Daniel Kawczynski and UK Ambassador to Mongolia Philip Malone.
During the meeting, the sides exchanged views on the possibilities of further expanding business cooperation. The meeting also touched on cooperation in rare minerals exploration and introducing advanced technology in the Mongolian mining sector. Also, Trade Envoy highlighted that the UK is interested in investing in the projects of copper concentrate processing and gold refining plant.
 
 
 
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Kilmer Middle student offers support network for Mongolian youth www.sungazette.news

A local middle-school student’s efforts to provide tutoring services to dozens of Mongolian immigrant children across the U.S. culminated in a national spelling bee for the students held Oct. 22 at the World Bank.
For the past 18 months, Kilmer Middle School eighth-grader Erdem Dulguun has been giving up his Friday evenings to offer free spelling tutoring to dozens of Mongolian immigrant children across the nation, according to Fairfax County Public Schools officials. The spelling bee drew the Mongolian ambassador to the U.S., and the Mongolian embassy hosted a meet-and-greet for students and their families the day before the spelling bee.
The unique effort was aided by the Fairfax County Council of PTAs, which is the regional partner of the Scripps National Spelling Bee Program in Fairfax County and Alexandria.
Dulguum was born in the U.S. but returned to live with his grandparents in Mongolia as a toddler while his mother finished graduate school. When he returned to America as a kindergartner, he had to re-learn English.
Sponsored
Up to 40 students participate in the Zoom spelling classes, held on Friday evenings.
“I wanted to help the Mongolian community because I love keeping my ties with this country, it’s very important to me,” Dulguun said in an article distributed by the county school system. “I’m not exactly the best teacher, I’m not that much of a public speaker because I get nervous, but it is a good feeling to share what I know. Yes, I am helping these kids learn, but sometimes they are even helping me learn, which is the best part of this.”
His own spelling skills were honed at Westbriar Elementary School in Vienna when, as a sixth-grader, Dulguun finished as first-runner-up in the 2021 Fairfax County Spelling Bee, Fairfax school officials said.
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Mongolia wins 25 medals at Asian Youth Chess Championships 2022 www.montsame.mn

On October 13-22, 2022, the Asian Youth Chess Championship was held successfully in Bali, Indonesia, which was participated by 462 teenage chess athletes from 20 Asian countries.
From Mongolia, 36 teenage chess athletes, led by E. Gurvanbaatar, the president of the Mongolian Chess Federation, and Ch. Battuvshin, the secretary of the Board of Directors of the Mongolian Chess Federation, participated and won 25 medals including 8 individual (2 Gold, 5 Silver, 1 Bronze), and 17 team medals (1 Gold, 9 Silver, 7 Bronze) at Asian Youth Chess Championships 2022.
Khuslen Erdenebayar, School No. 52, "Khan-Altai" club, became the 10th Mongolian chess player to win the title of Asian champion in the standard or classical category and qualified for the title of master of the World Chess Federation.
An athlete from Govisümber Province, "Monchess" academy, Margad Munkhpurev, brought the 36th medal of the Asian Championship in the standard category.
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Pakistan removed from global ‘terrorism’ financing list www.aljazeera.com

The global money laundering and financing watchdog on Friday removed Pakistan from its list of countries under “increased monitoring” after four years.
Pakistan has been on the “grey list” of the Financial Action Task Force (FATF) since 2018 because of “strategic counter-terrorist financing-related deficiencies”.
The removal decision was announced by FATF President T Raja Kumar at the end of a two-day meeting in Paris, France.
“Pakistan had addressed technical deficiencies to meet the commitments of its action plans,” Kumar said in his speech.
At the last FATF meeting in June, the organisation said Pakistan would be kept on the list until a visit to the country took place to verify progress.
Subsequently, a FATF technical team travelled to Pakistan in late August and the visit was declared a “success” by Pakistan’s foreign office, which said it expected a “logical conclusion” at the next evaluation meeting in October.
Pakistan’s Prime Minister Shehbaz Sharif in a tweet after Friday’s decision was announced congratulated the country on its removal.
“Pakistan exiting the FATF grey list is a vindication of our determined and sustained efforts over the years. I would like to congratulate our civil & military leadership as well as all institutions whose hard work led to today’s success,” he wrote.
After placing the country on the grey list in 2018, FATF gave Pakistan a 27-point action agenda, which was later increased to 34-points, related to money laundering, terrorist financing, and action against armed groups and individuals.
Being on the list can severely restrict a country’s international borrowing capabilities.
The decision comes at a time when Pakistan’s credibility on the global market has taken a pounding because of its precarious economic situation.
Earlier on Friday, global ratings agency Fitch cut Pakistan’s sovereign credit rating, blaming its funding situation as well as declining foreign reserves.
Ratings agency Moody’s Investor Service also cut Pakistan’s sovereign credit rating earlier in October, citing the government’s declining foreign reserves and growing economic stress in the aftermath of devastating floods earlier this year.
The floods, caused by unprecedented monsoon rains, killed more than 1,700 people, affected 33 million, and caused $30bn in damage, according to the government.
‘Stay on course’
Senior economist Haroon Sharif said the development was great news for Pakistan as it will allow financial flows from banking channels and remittances.
“What the country must do now is to stay on course, and the major impediment in that has been its implementation capacity. It must reform institutions, which can then trap and identify any suspicious transaction and punish whoever is involved,” he told Al Jazeera.
Sharif, who previously served as minister of state investment, said Pakistan should have been removed from the list at the June meeting.
“We had met all the points of action plan, but unfortunately, FATF also has a political dimension to it,” he added.
Business and economy journalist Khurram Husain also welcomed the removal. “Pakistan had to face higher transaction costs due to the higher processing burden that ‘enhanced monitoring’ imposed on all transactions with the outside world,” he told Al Jazeera.
Husain noted Pakistan went back on the main list because of its failure to successfully prosecute “proscribed individuals”.
“Once key convictions were secured, such as those of Hafiz Saeed of the Lashkar-e-Taiba (LeT) group and Jamaat-ud-Dawa (JuD) group in April of this year, the path to exiting the list was opened up,” he said.
JuD is a humanitarian relief and religious education organisation operating across Pakistan. It has been designated a front for LeT, an armed group declared a “terrorist organisation” by Pakistan, the United States, and the United Nations.
SOURCE: AL JAZEERA
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