China’s foreign ministry on Monday urged the United States to unfreeze Afghanistan’s assets and lift unilateral sanctions on the country as soon as possible.
Reacting to remarks made recently by Afghanistan’s deputy prime minister Mullah Abdul Ghani Baradar, that recent rain and snow has aggravated the already dire situation in Afghanistan, China’s foreign ministry spokesperson Wang Wenbin said that Chinese people sympathize with Afghans who are suffering, Xinhua reported.
He said that although the U.S. military has withdrawn from Afghanistan, the consequences caused by its occupation continue and are further aggravated.
“We urge the U.S. side to deeply reflect on its mistakes, shoulder its due international responsibilities and lift its asset freeze and unilateral sanctions against Afghanistan as soon as possible,” Wang said.
Wang also said the US is urged to take concrete actions to make up for the harm caused to the Afghan people, “instead of sprinkling salt on the wounds of the Afghan people”.
IEA calls for release of frozen funds following deadly earthquake
Afghanistan’s Islamic Emirate of Afghanistan (IEA) has called on international governments to roll back sanctions and lift a freeze on central bank assets following the earthquake that killed more than 1,000 people and left thousands homeless.
The 6.1-magnitude quake that struck the east of the country early on Wednesday destroyed or damaged 10,000 homes and injured about 2,000 people.
“The Islamic Emirate is asking the world to give the Afghans their most basic right, which is their right to life and that is through lifting the sanctions and unfreezing our assets and also giving assistance,” Abdul Qahar Balkhi, foreign affairs ministry spokesman, told Reuters in an interview.
While humanitarian aid continues to flow to Afghanistan, funds needed for longer-term development were halted when the IEA seized control of the country in August 2021 as foreign forces withdrew.
Billions of U.S. dollars in Afghan central bank reserves remain frozen overseas and sanctions hamper the banking sector as the West pushes for concessions on human rights.
Western governments are particularly concerned about the rights of women and girls to work under IEArule.
Asked about the issue, Balkhi said Afghans’ right to life-saving funds should be the priority, adding that the international community handled concerns over human rights differently depending on the country involved.
“Is this rule universal? Because the United States just passed an anti-abortion law,” Balkhi said, referring to the Supreme Court’s overturning on Friday of the landmark Roe v. Wade ruling that recognised a woman’s right to an abortion.
“Sixteen countries in the world have taken away the rights of religious minorities, especially Muslims … are they also facing sanctions because they are violating rights?,” he asked.
White House spokesperson Karine Jean-Pierre said on Saturday the U.S. government was working on “complicated questions about the use of these (frozen central bank) funds to ensure they benefit the people of Afghanistan and not the Taliban (IEA).”
IEA’s supreme leader meets traders and manufacturers in Kandahar
The Islamic Emirate of Afghanistan’s (IEA) supreme leader, Haibatullah Akhundzada, met with dozens of traders and manufacturers in southern Kandahar province on Monday.
During the meeting, Akhundzada called on the private sector to take effective steps for development and independence of Afghanistan’s economy, state-run news agency Bakhtar reported.
He said that the IEA is committed to resolving problems that traders and manufacturers are facing.
“We welcome the Amir-ul-Mominin’s move. The private sector representatives are now fully assured that IEA supports them and they can invest freely in Afghanistan,” said Abdul Nasir Reshtya, a member of the Chamber of Industries and Mines.
Economic experts believe the smaller the gap between the private sector and the government, the more chance the private sector will have to develop and there will be greater interest in investing in Afghanistan.
“We welcome such meetings. It could encourage the private sector to invest in the country with full security assurance,” said Shabir Ahmad Bashiri, an economic expert.
IEA has held several meetings with members of the private sector in the past 10 months.
Recently, the IEA, under the guidance of acting deputy Prime Minister Mullah Baradar, who also heads the economic commission, established the new state-run investment company called Afghan Invest.
Officials said Afghan Invest, a limited liability company, with a capital of $250 million, was recently inaugurated as a result of Baradar’s efforts.
IEA calls on Afghans at home and abroad to invest in new state-run initiative
First Deputy Prime Minister Mullah Abdul Ghani Baradar said Sunday the Islamic Emirate of Afghanistan (IEA) is working on an economic policy that will help restore the economy and lift the country out of poverty.
Speaking at an event to launch a new state-run limited liability company, Afghan Invest, Baradar called on Afghans to bring their foreign-based capital back into the country and invest in the new initiative.
According to the IEA, 13 investors have already collectively invested $250 million.
Baradar said at the launch that Afghanistan is potentially an extremely wealthy country given the enormous, largely untapped, mineral reserves.
“Our country is very rich in terms of mines. Afghan investors if they have capital abroad, must relocate it to their home country, we support you. Trade is vital for a country,” said Baradar.
He also stressed that the government’s doors are open to all businessmen and that the IEA will support them. He said he hoped that businessmen across all ethnic lines in the country would invest in the new company.
Acting Minister of Commerce and Industry Nooruddin Azizi, who also attended the launch, said the only way to save Afghanistan from its current crisis was for Afghans to work together.
“The only solution to our country’s economic problems is for Afghans to work together and make sincere efforts,” said Azizi.
Sher Mohammad Abbas Stanikzai, the deputy minister of foreign affairs, said that it was because of the sacrifices of the people’s jihad that neighboring countries like Pakistan and Iran live in peace. He said the world should respect this.
“Not only did we liberate our country, but we also freed the countries in the region from aggressors,” said Stanikzai, at the event.
“We have a proud, and free Afghanistan, which we must protect and safeguard,” he added.
Afghan Invest officials said the aim of the company is to establish economic stability and encourage investment in the country. This includes investment across a broad range of sectors such as agriculture, mining, energy production and infrastructure development.
Cabinet members meanwhile said that with the return to power of the IEA, national sovereignty, national security and national integrity have been restored and that the new authorities will support investors.
Economic experts believe that the establishment of such ventures can have a positive impact on the country’s economy, and that foreign investors could be encouraged to invest in the country.
Afghanistan leads world in negative experiences
UN appeals for $110 million to help Afghan earthquake victims
Chinese FM talks with Muttaqi, reaffirms support for quake victims
Dozens of migrants die in truck in Texas
30,000-year-old baby mammoth found almost perfectly preserved in Canada
25 midwives graduate from Maidan Wardak training academy
Bollywood legend invites Rashid Khan to cook at his home in Mumbai
IEA stops coal trucks through Torkham to speed up fresh fruit exports
Rashid Khan’s ‘high point’; helping Gujarat Titans secure maiden IPL title
Da Afghanistan Bank receives $900 million in cash aid to date
Saar: UK’s support from IEA discussed
Zerbena: Expanding Afghanistan’s economic relations with Uzbekistan discussed
Tahawol: Uzbekistan to host a summit on Afghanistan
Zerbena: Establishment of Afghan Invest company discussed
Saar: Afghanistan’s relations towards its neighbors discussed
Latest News4 days ago
Five killed in Paktika in second quake
Latest News5 days ago
Aid starts arriving after entire villages destroyed in deadly quake
Science & Technology4 days ago
Burmese python weighing almost 100kg caught in Florida
Latest News4 days ago
Bayat Foundation provides aid to quake victims in Khost and Paktika provinces
Latest News3 days ago
Taiwan announces $1 million for Afghan earthquake relief efforts
Latest News3 days ago
India reopens embassy in Kabul
Latest News4 days ago
Pakistan’s prime minister calls Akhund, pledges to support quake efforts
Latest News3 days ago
121 children among those killed in Afghanistan earthquake: UNICEF