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Sanctions have delayed economic growth in Afghanistan: Nazari

Deputy Minister of Economy Abdul Latif Nazari says the IEA hopes sanctions will be lifted as soon as possible

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Deputy Minister of Economy Abdul Latif Nazari says the imposed sanctions by the international community have delayed the growth, development and economic stability in Afghanistan.

“Unfair sanctions by several powerful countries have delayed the country’s economic growth. We hope that these sanctions will be lifted as soon as possible so that we can move towards economic growth, development and stability,” said Nazari.

The Islamic Emirate’s spokesman Zabihullah Mujahid also said that sanctions against the financial and banking sectors have had a negative impact on the country’s economy.

He has urged the international community, especially the US, to remove these sanctions and release Afghanistan’s foreign exchange reserves.

“We are facing some sanctions. Unfortunately, sanctions have been imposed by Western countries, both in the field of banking and in the field where Afghan money is blocked and not allowed to be used in the central bank. This has had all its negative effects,” said Mujahid.

The private sector also said that sanctions on the banking sector have prevented the country from growing rapidly because investors are having problems transferring money through banks.

Economic experts, meanwhile, believe that when the sanctions are lifted, the prices of goods will decrease and investments will be made in the country.

Currently, $7 billion in central bank reserves has been frozen by the United States; of which $3.5 billion has been transferred to a trust fund in Switzerland. The US President Joe Biden has allocated the remaining $3.5 billion to the families of the victims of the September 11, 2001 attacks.


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Turkey invites IEA’s commerce minister to Antalya Diplomacy Forum

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Nooruddin Azizi, Minister of Industry and Commerce of the Islamic Emirate of Afghanistan, met on Thursday with Sadin Ayyıldız, Chargé d’Affaires of the Turkish Embassy in Kabul. During the meeting, Ayyıldız invited the Minister of Industry and Commerce to participate in Turkey’s Antalya Diplomacy Forum.

According to a statement from the Ministry of Industry, the meeting also emphasized the economic, trade, and historical relations between Kabul and Ankara, as well as the export of Afghan goods to Turkey.

The two sides discussed increasing trade volume between the two countries, strengthening economic relations, facilitating and enhancing commercial activities, cooperation in road transport along various routes, activating the Lapis Lazuli Corridor, and regional cooperation.

Azizi, while thanking Turkey for inviting the Islamic Emirate to the Antalya Diplomacy Forum, introduced the Ministry’s technical team to ensure better coordination and planning.

The Antalya Diplomacy Forum is an international conference held annually in Turkey, aimed at examining global challenges and finding joint solutions through dialogue and diplomacy. It hosts representatives from more than 100 countries, including presidents, leaders, high-ranking officials, international organizations, analysts, and media from various countries.

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Afghan, Malaysian PMs discuss situation between Kabul and Islamabad

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Mullah Mohammad Hassan Akhund, Prime Minister of the Islamic Emirate, in a telephone conversation initiated by Mohammad Anwar Ibrahim, Prime Minister of Malaysia, discussed regional developments, particularly the recent situation between Pakistan and Afghanistan.

Zabihullah Mujahid, spokesperson for the Islamic Emirate, said in a statement that Hassan Akhund stated during the call that the Islamic Emirate of Afghanistan’s principled position is clear and that it believes in resolving issues through mutual understanding and cooperation.

Hassan Akhund added that during Eid al-Fitr, at the request of Saudi Arabia, Turkey, and Qatar, the Islamic Emirate demonstrated its goodwill by respecting a pause in defensive operations.

He stated that violence benefits no party and that actions that increase tensions should be avoided, emphasizing that wisdom and rationality must guide efforts to resolve problems.

He also expressed concern over rising regional tensions following the US and Israeli attacks on Iran.

The Malaysian Prime Minister also expressed concern about the regional situation and hoped that the temporary halt in hostilities between Afghanistan and Pakistan would continue, and that existing problems could be resolved through sincere negotiations and understanding.

He added that Malaysia aims to play a positive role in facilitating understanding between both parties.

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Iranian naval commander Alireza Tangsiri killed in airstrike, says Israel

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Israel’s defence minister says that an Israeli air strike has killed Alireza Tangsiri, commander of the Iranian Revolutionary Guards’ navy.

The killing was carried out “last night, in a precise and lethal operation” and targeted other “senior officers of the naval command”, said Israel Katz, in a video statement.

“The man who was directly responsible for the terrorist operation of mining and blocking the Strait of Hormuz to shipping was blown up and eliminated,” he claimed.

Since the start of the joint US-Israeli war on Iran on February 28, Israel has announced the assassination of several top Iranian officials, including Supreme Leader Ali Khamenei and the Islamic Republic ‘s powerful security chief, Ali Larijani.

Al Jazeera’s Tohid Asadi, reporting from Tehran, said there was no official Iranian confirmation yet of Tangsiri’s killing.

“But if it’s true it’s going to be another major blow for a country that has already experienced a lot of military commanders being killed” since the war began, he said.

The head of the Basij paramilitary forces, Brigadier General Gholamreza Soleimani, and Intelligence Minister Esmail Khatib were also assassinated in Israeli attacks.

Moreover, in recent days, Israeli forces have carried out several strikes targeting the naval assets of Iran.

Last week, Israeli airstrikes hit several Iranian naval ships in the Caspian Sea, including ones equipped with missile systems, support vessels, and patrol craft.

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