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ACCI, private sector call for frozen assets to be released
Afghanistan Chamber of Commerce and Investment (ACCI), other chambers and the private sector have called on the United States and the international community to release the country’s frozen assets in order for businesses to return to normal.
The US froze nearly $9.5 billion in assets belonging to the Afghan central bank and stopped shipments of cash to the nation on August 18 – pushing the country to the brink of an economic collapse.
According to the ACCI at least $3 billion of this total belongs to the private sector.
The private sector has meanwhile warned that Afghanistan could face an economic collapse and a humanitarian crisis if money is not released soon.
“All accounts of our traders have been blocked and they can’t send money,” said Younas Mohmand, deputy head of the ACCI.
The Federation of Afghanistan Chambers said no banks in Afghanistan can transfer money internationally, which has led to a crisis.
“Whatever conditions they (the US) have regarding the frozen money, we are ready to provide documentation and prove that the money belongs to our members,” said Khan Jan Alokozay, deputy head of the federation.
Officials from the Chamber of Mines and Industries meanwhile said that they are experiencing serious problems in terms of sending money out of the country.
“Based on international principles, governments come and go, but civilian’s money should not be frozen. Our message to the world is that a crisis is heading for Afghanistan. Winter is coming,” said Sherbaz Kaminzada, head of the chamber.
On the other hand, the Money Exchangers Association and private banks said there has been a serious downturn in the economy following the freezing of Afghanistan’s money.
“Afghanistan’s money is frozen everywhere; it should be released as soon as possible,” said Khan Mohammad Sarfaraz, a member of Sarai Shahzada Money Exchangers Association.
Economic analysts meanwhile warned that Afghanistan could face a human catastrophe if the assets are not released.
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IEA should respond to Pakistan’s security concerns with concrete actions: Andrabi
Pakistani Foreign Ministry spokesman Tahir Hussain Andrabi says both Pakistan’s Prime Minister Shehbaz Sharif and Sadyr Japarov, the President of Kyrgyzstan, who visited Islamabad on Thursday, expressed their mutual commitment to a peaceful, stable Afghanistan with a sustainable future for the Afghan people.
Speaking in a press conference on Friday, Andrabi stated that both sides agreed that the Islamic Emirate must fulfill its obligations toward the international community and take concrete steps against terrorist groups to address Pakistan’s legitimate security concerns.
This comes while the Islamic Emirate of Afghanistan has repeatedly emphasized that no terrorist groups operate from Afghan territory and that it will not allow anyone to use Afghan soil against any country.
The Islamic Emirate has also stated that Pakistan’s security concerns are an internal issue of that country, and Pakistan itself must take measures to prevent any security incidents.
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Afghanistan makes major strides in cutting drug trafficking, says Putin
Putin stated that Afghan authorities have “substantially reduced” opium cultivation and are “seriously confronting” drug-related threats from within their borders.
Russian President Vladimir Putin says Afghanistan has taken “active and effective” steps to curb drug trafficking, noting a significant drop in opium production across the country. He made the remarks during an exclusive interview with India Today during his India trip, highlighting what he described as “visible progress” in Afghanistan’s internal security efforts.
Putin stated that Afghan authorities have “substantially reduced” opium cultivation and are “seriously confronting” drug-related threats from within their borders. He added that Afghanistan has also made important advancements in the fight against terrorism.
Responding to a question about why Russia officially recognized the Islamic Emirate, the Russian president said Afghanistan had been engulfed in civil conflict for many years, but the current authorities now hold control over the country. “This is the reality, and it must be acknowledged,” Putin emphasized.
He further noted that maintaining contact with Afghanistan’s leadership is crucial for shaping events inside the country. “If you want influence, you must engage with the people in charge — and that is exactly what we are doing,” he said.
Putin’s remarks come as several regional powers continue to recalibrate their diplomatic strategies toward Afghanistan, focusing on stability, counterterrorism, and economic cooperation.
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Iran offers fully funded virtual education for Afghan students returning from abroad
Nader Yarahmadi, head of the Center for Foreign Nationals and Refugees at Iran’s Ministry of Interior, said Tehran is ready to deliver online education to Afghan students inside Afghanistan
Iran has announced that it is prepared to provide fully funded virtual education for Afghan students returning from abroad, including complete support for digital learning tools and equipment.
Nader Yarahmadi, head of the Center for Foreign Nationals and Refugees at Iran’s Ministry of Interior, said Tehran is ready to deliver online education to Afghan students inside Afghanistan, adding that an international partner has expressed interest in helping finance the initiative.
According to Yarahmadi, more than 6.1 million Afghan nationals are legally residing in Iran, with only about 33,000 living in camps and the remainder settled in cities. He noted that until last year, Afghan students made up roughly 12% of Afghanistan’s residents in Iran and accounted for nearly 16% of Iran’s total student population. He said expanding school infrastructure and improving educational quality would help close existing gaps.
Iran’s Education Minister Alireza Kazemi highlighted the country’s experience with remote learning through the “Shad” platform during the COVID-19 pandemic. “We are ready to educate all Afghan students through our national education network under a tripartite cooperation agreement, granting them valid academic certificates within the virtual school framework,” he said.
Earlier meetings in Kabul between Iran’s Ambassador to Afghanistan, Alireza Bigdeli, Cultural Attaché Seyed Ruhollah Hosseini, and Islamic Emirate education officials underscored both sides’ interest in continuing cooperation in the education sector.
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