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ACCI, private sector call for frozen assets to be released

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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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Islamic Emirate strongly condemns mosque bombing in Islamabad

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The Ministry of Foreign Affairs of the Islamic Emirate of Afghanistan has strongly condemned Friday’s suicide bombing at a Shi’ite mosque in Islamabad, the capital of Pakistan, which left 31 people dead and 179 others wounded.

Abdul Qahar Balkhi, spokesperson for the Ministry of Foreign Affairs, said in a statement that the Islamic Emirate considers such attacks—which violate the sanctity of religious rites and mosques and target worshippers and civilians—to be contrary to Islamic and human values.

The Islamic Emirate also expressed sympathy with the families of the victims and wished a speedy recovery to the wounded.

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Suicide bomber kills 31 in Shi’ite mosque in Pakistan’s capital

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A suicide bomber killed at least 31 people and wounded nearly 170 others during Friday prayers at a Shi’ite Muslim mosque in Pakistan’s capital, Islamabad, Reuters reported, citing police and government officials.

Images from the site showed bloodied bodies lying on the carpeted mosque floor surrounded by shards of glass, debris and panicked worshippers.

Dozens more wounded were lying in the gardens of the Khadija Tul Kubra Imambargah, in a semi-urban area on the outskirts of Islamabad, as people called for help.

Bombings are rare in the heavily guarded capital, although Pakistan has been hit by a rising wave of militancy in the past few years.

“The death toll in the blast has risen. A total of 31 people have lost their lives. The number of wounded brought to hospitals has risen to 169,” Deputy Commissioner Islamabad Irfan Memon said in a statement.

Two police officials said the attacker was stopped at the gate of the mosque before detonating the bomb. They asked not to be identified as they were not authorized to speak to the media.

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Central Asian leaders are urging Pakistan to improve Afghanistan policies, says Khalilzad

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Former U.S. envoy Zalmay Khalilzad has highlighted the strategic importance of Pakistan’s relationship with Afghanistan, noting that visiting Central Asian leaders are likely encouraging Islamabad to strengthen its policies toward Kabul.

In a post on X, Khalilzad emphasized that Central Asian nations have a strategic interest in access to Pakistan and beyond, including the sea, to support their trade and connectivity projects. He pointed out that these countries are particularly focused on developing railways, pipelines, telecommunications, and electricity networks linking Central Asia and Pakistan—a move he said would also serve Pakistan’s interests.

“Of course, Afghanistan’s role is vital to the goal of regional connectivity and development,” Khalilzad said. “Stability in Afghanistan and good Pakistan/Afghanistan relations are the absolute prerequisite.”

He suggested that the Central Asian leaders visiting Islamabad are urging improvements in Pakistan’s Afghanistan policies and expressed hope that Pakistani authorities would listen to these recommendations.

Pakistani officials have repeatedly claimed that Afghanistan-based militants have carried out recent attacks in Pakistan. Kabul denied the charge, saying it could not be held responsible for security inside Pakistan.

Trade between the two countries remains suspended following a deadly clash near the Durand Line in October.

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