Placed on a grey list of Paris-based Financial Action Task Force, Pakistan slaps sanctions on dozens of individuals, including the insurgent group's chief peace negotiator Abdul Ghani Baradar.

There was no immediate response from the Afghan Taliban, but many of the group's leaders are known to own businesses and property in Pakistan.
There was no immediate response from the Afghan Taliban, but many of the group's leaders are known to own businesses and property in Pakistan. (AP)

Pakistan has issued sweeping financial sanctions against Afghanistan's Taliban, just as the insurgent group is in the midst of the US-led peace process in the neighbouring country.

The orders, which were made public late on Friday, identified dozens of individuals, including the Taliban's chief peace negotiator Abdul Ghani Baradar and several members of the Haqqani family, including Sirajuddin, the current head of the Haqqani network and deputy head of the Taliban.

The list of sanctioned groups included others besides the Taliban and were in keeping with a five-year-old United Nations resolution sanctioning the Afghan group and freezing their assets.

Pakistan trying to get off grey list

The orders were issued as part of Pakistan's efforts to avoid being blacklisted by the Financial Action Task Force (FATF), which monitors money laundering and tracks terrorist groups' activities, according to security officials who spoke on condition of anonymity because they were not authorised to speak to the media.

Last year the Paris-based group put Islamabad on a grey list. 

Until now only Iran and North Korea are blacklisted, which severely restricts a country's international borrowing capabilities. 

Pakistan is trying to get off the grey list, said the officials.

There was no immediate response from the Afghan Taliban, but many of the group's leaders are known to own businesses and property in Pakistan.

Pakistan-Taliban ties

Many Taliban leaders, including those heading Haqqani network, have lived in Pakistan since the 1980s when they were part of the Afghan mujahedeen and allies of the United States to end the 10-year invasion of Afghanistan by the former Soviet Union. 

It ended in February 1989.

Pakistan has denied giving sanctuary to the Taliban following their ouster in 2001 by the US-led coalition but both Washington and Kabul routinely accused Islamabad of giving them a safe haven.

Still, it was Pakistan's relationship with the Taliban that Washington eventually sought to exploit to move its peace negotiations with the insurgent movement forward. 

America signed a peace deal with the Taliban on February 29. The deal is intended to end Washington's nearly 20 years of military engagement in Afghanistan and has been touted as Afghanistan's best hope for peace after more than four decades of war.

READ MORE: US troop pullout from Afghanistan ahead of schedule

But even as Washington has already begun withdrawing its soldiers, efforts to get talks started between Kabul's political leadership and the Taliban have been stymied by delays in a prisoner release programme.

The two sides are to release prisoners, 5,000 by the government and 1,000 by the Taliban, as a good will gesture ahead of talks. Both sides blame the other for the delays.

The timing of Pakistan's decision to issue the orders could also be seen as a move to pressure the Taliban into a quick start to the intra-Afghan negotiations.

READ MORE: Pentagon says Taliban maintains Al Qaeda ties, jeopardising US-Taliban deal

Intra-Afghan talks

Kabul has defied a traditional jirga or council's order to release the last Taliban it is holding, saying it wants 22 Afghan commandos being held by the Taliban freed first.

As well as the Taliban, the orders also target Al Qaeda and the Daesh affiliate which has carried out deadly attacks in both Pakistan and Afghanistan.

They also take aim at outlawed Pakistani groups like Tehreek-e-Taliban Pakistan (TTP), thousands of whom are believed by the UN to be hiding in remote regions of Afghanistan. 

The TTP has declared war on Pakistan, carrying out one of the worst terrorist attacks in the country in 2014 killing 145 children and their teachers at an army public school in northwest Pakistan.

The orders also take aim at outlawed anti-Indian groups considered allied with the country's security services.

READ MORE: Why are so many Afghans unsatisfied with peace talks with the Taliban?

Source: AP