India, US hold talks on FATF coordination

Indian Foreign Secretary Vikram Misri met US Deputy Treasury Secretary Michael Faulkender in Washington from May 27–29 to discuss deepening economic ties and coordination on upcoming Financial Action Task Force (FATF) processes, the Ministry of External Affairs said.

The conversations were part of a larger effort to improve the India-US COMPACT project, which focuses on defense, trade, and technological collaboration, according to Firstpost.

The talks come as India prepares to advocate for Pakistan's removal from the FATF grey list, claiming substantial proof of its support for cross-border terrorism following the recent Pahalgam incident in Jammu and Kashmir.

India is also expected to highlight Pakistan’s increasing defence spending amid economic crisis, raising concerns over misuse of international financial aid, Firstpost reported.