commits to talks on frozen Afghan funds – Reuters

70 commits to talks on frozen Afghan funds – Reuters

Washington is negotiating the discharge of Kabul’s foreign-held belongings to avert a humanitarian catastrophe, sources mentioned

The US administration will transfer forward with negotiations to launch billions in Afghan funds, which had been frozen following the Taliban takeover final August, Reuters reported on Monday, citing its sources.

The talks are supposed to assist stabilize the crumbling Afghan financial system, because the United Nations warns that the nation might face “acute starvation” this winter.

They’ll go forward regardless of Washington’s considerations that Al-Qaeda chief Ayman al-Zawahiri – who helped plan the 9/11 assaults – was staying in Kabul earlier than he was killed in a US drone strike earlier this month.

Washington reportedly goals to wire billions of belongings belonging to the Afghan central financial institution right into a Swiss fund, Reuters mentioned. Disbursements could be made with the assistance of a global board bypassing the Taliban, lots of whose officers have been slapped with US and UN sanctions.

In response to Reuters’ sources, US officers have mentioned they intend to pursue talks with the militant group at an August briefing, though they had been annoyed with the pace of the talks. One US official blamed the gradual tempo on the failure of the Taliban and Afghan central financial institution to maneuver shortly.

One of many sticking factors is the Taliban’s reported opposition to a number of worldwide calls for, together with the elimination of two sanctioned militants from posts on the central financial institution — and a reluctance to formally agree to put in impartial anti-money laundering displays. Nonetheless, in accordance with Reuters, Taliban officers have consented to the latter provision in precept.

When the Western-backed Afghan authorities collapsed final 12 months, the nation had greater than $9 billion deposited in international banks, which was frozen following the Taliban takeover.

Earlier reporting steered that the Biden administration didn’t plan to launch Afghan belongings over considerations that the cash could be used to fund terrorism. 

Evidently, the Taliban’s sheltering of Al Qaeda chief Ayman al-Zawahiri reinforces deep considerations we now have relating to diversion of funds to terrorist teams,” Thomas West, the US State Division’s particular consultant for Afghanistan, instructed the Wall Avenue Journal final week.

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