Pakistan has made “enormous strides” in choking off terrorism funding by cracking down on money laundering and regulating the “hawala” fund-transfer system that sends money around the world with few traces, the U.S. treasury secretary said Friday. “Pakistan … is in the forefront of the war on terror and terror financing,” Treasury Secretary John Snow said. Snow was in Islamabad for two days following a brief visit to the Afghan capital, Kabul, where he said the country remains a “critical priority” for the United States despite the cost of operations in Iraq. He also said he expected Saudi Arabia and other nations to meet a U.S. request for more money to help rebuild the two war-shattered countries. Full Story
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