ISLAMABAD, March 29 (Xinhua) -- Pakistani Prime Minister Shahbaz Sharif on Wednesday hailed the removal of his country from the European Union's list of high-risk third countries, expressing hope that the key development would bring benefits to the country and its people.
"De-listing of Pakistan from the EU's updated list of high-risk third-countries is a major development which would facilitate our businesses, individuals and entities," the prime minister said on social media.
He said it is a reflection of the government's unwavering resolve to further strengthen the anti-money laundering and anti-terror financing regime.
Earlier, the EU removed Pakistan from its list of countries that the union considers having strategic deficiencies in their anti-money laundering and counter-terrorism financing frameworks. ■