Latest News
Moscow calls for ‘comprehensive solution’ to Afghan economic problem
Hosting representatives of several regional countries for talks on Afghanistan, Moscow on Wednesday called for a “comprehensive solution” to the economic crisis in the country.
“We have to provide a comprehensive solution to the Afghan economic issue. In our opinion, the main responsibility for this rests with the collective West, those who drove the country for 20 years to the current deplorable state as well as shamelessly continue economically suffocating the country by holding the frozen national assets of Afghanistan,” Zamir Kabulov, Russia’s special representative for Afghanistan, said at the Moscow format meeting.
“The steps proposed by the West to alleviate the situation such as establishing the trust fund or printing banknotes are for demonstration purposes only. They seek first to get rid of responsibility, and on the other hand to maintain control leverages on the emerging governance system in the country. We again urge the United States and their allies to unconditionally unlock national financial assets of Afghanistan,” Kabulov said.
Kabulov said that Russia, in bilateral interaction, with the current authorities in Afghanistan, attaches priority to the development of political, economic ties and contributing to the intra-Afghan settlement.
China’s envoy said that the past year was a year of failures for the United States.
“For the United States, the past year has been a year of repeated failures and yet more evil actions. The current movement symbolizes the complete failure of the US strategy on Afghanistan, the complete failure of Western democracy on a country and the complete failure of hegemonism. Instead of taking primary responsibility in Afghanistan’s reconstruction, the United States, in turn, shamelessly seized the $7 billion assets of Afghan central bank, and suspended all the development aid,” China’s special envoy for Afghanistan, Yue Xiaoyong, said.
Hassan Kazemi Qomi, Iran’s special representative, said that Iran opposes the return of US to Afghanistan, adding regional countries should play their role in addressing the current situation in Afghanistan.
He also called for the formation of an inclusive government in Afghanistan.
Pakistan’s envoy said that “the interim government of Afghanistan has not made the kind of progress that the international community would ideally expect.”
“The international community has consistently urged the interim Afghan government to promote greater political inclusivity. Unfortunately, there is little to show on this count. Despite assurances by the Afghan interim government, the rights of women and girls also appear to have regressed, not progressed. The footprint of terrorist organizations in Afghanistan has yet to fully eradicate,” said Mohammad Sadiq, Pakistan’s special envoy for Afghanistan.
Latest News
Karzai: Pakistan seeking to legitimize Durand Line, authorities must clarify
Latest News
SAARC failure pushes Pakistan toward trilateral ties with Afghanistan, China, Bangladesh: Dar
Pakistan’s Deputy Prime Minister and Foreign Minister Mohammad Ishaq Dar has said that the failure of the South Asian Association for Regional Cooperation (SAARC) is pushing Pakistan toward exploring trilateral cooperation frameworks involving Afghanistan, China, and Bangladesh.
Speaking at the South Asian Federation of Accountants (SAFA) Conference in Lahore on Friday, Dar said SAARC has “unfortunately not been able to kick off,” limiting regional economic integration and cooperation.
He said Pakistan is now looking at alternative regional arrangements to strengthen economic connectivity and trade, including trilateral formats such as China–Pakistan–Afghanistan and China–Pakistan–Bangladesh.
Dar stressed that South Asia cannot remain in “isolation,” noting that the region, home to nearly two billion people, is missing significant economic opportunities due to weak cooperation among neighbouring countries.
The South Asian Association for Regional Cooperation (SAARC) was established in 1985 to promote economic and regional integration among South Asian countries, including Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka.
The organisation was designed to encourage cooperation in areas such as trade, development, education, and cultural exchange. However, in recent years, SAARC’s effectiveness has been significantly limited due to political tensions between member states, particularly between India and Pakistan, leading to stalled summits and reduced regional engagement.
As a result, regional economic cooperation in South Asia has largely remained underdeveloped compared to other regional blocs around the world.
Latest News
IEA leaders contact Maulana Fazlur Rehman to express condolences over Sheikh Idris’s death
-
Business1 day agoNew Afghanistan-China transport corridor launched via Turkmenistan
-
Latest News4 days agoPakistan’s Achakzai pushes for Afghanistan dialogue amid economic strain
-
Business3 days agoAfghanistan presses Chinese contractor over delays in Mes Aynak copper project
-
Business3 days agoUzbekistan launches new cargo corridor linking China and Afghanistan
-
Latest News4 days agoFood prices surge 20% in Afghanistan as Hormuz crisis disrupts supply routes
-
Latest News5 days agoAustrian interior minister heads to Uzbekistan to finalize Afghan deportation deal
-
Sport5 days agoAll eyes on Jeddah as AFC U-17 Asian Cup 2026 kicks off
-
International Sports4 days agoMumbai Indians pull off record chase as IPL action continues
