Friday, September 30, 2022
HomeBREAKING NEWS refuses to unfreeze Afghan funds – media refuses to unfreeze Afghan funds – media

Washington has reportedly dominated out releasing any of the $7 billion within the nation’s monetary property that it froze after the Taliban takeover

US President Joe Biden’s administration has reportedly opted in opposition to releasing $7 billion in Afghan Central Financial institution property, deciding to maintain the funds frozen resulting from concern that the at present Taliban-ruled nation is once more harboring worldwide terrorists.

Washington additionally has suspended talks with the Taliban after beforehand seeing progress within the negotiations, the Wall Road Journal reported on Monday, citing US officers. The choice issues the war-torn nation’s US-based property, which Biden’s administration froze after final 12 months’s Taliban takeover of Afghanistan.

The refusal to launch the funds “offers a blow to the hopes of an financial restoration in Afghanistan as thousands and thousands face hunger” one 12 months into the Taliban’s rule, the WSJ mentioned. Simply final week, a gaggle of 70 distinguished economists and teachers from the US, UK and 5 different international locations issued an open letter calling for Washington to launch the property, citing the “financial and humanitarian catastrophes unfolding in Afghanistan” and the function that America performed in “driving” these crises.

“We don’t see recapitalization of the Afghan Central Financial institution as a near-term possibility,”  Thomas West, the US State Division’s particular consultant for Afghanistan, instructed the WSJ. “We shouldn’t have confidence that that establishment has the safeguards and monitoring in place to handle property responsibly.”

The presence of Al Qaeda chief Ayman al-Zawahiri, whom US forces killed late final month in a drone strike in Kabul, helped seal the destiny of the Afghan property. The truth that the high-level terrorist was apparently snug touring to Afghanistan’s capital heightened Washington’s fears that the Taliban’s return to energy has allowed Al Qaeda and different terrorist teams to regroup within the nation, setting the stage for extra abroad assaults.

“Evidently, the Taliban’s sheltering of Al Qaeda chief Ayman al-Zawahiri reinforces deep issues now we have concerning diversion of funds to terrorist teams,” West mentioned.

Many of the Afghan Central Financial institution’s almost $10 billion in property had been frozen abroad after the Taliban seized management of the nation a 12 months in the past. The US controls the lion’s share of these funds, about $7 billion, and had been negotiating with the Taliban for the discharge of about $3.5 billion for humanitarian assist in Afghanistan. Biden signed an order in February to earmark the remaining $3.5 billion as a fund for victims of the September 11, 2001, terrorist assaults.


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