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IEA, US meet in Doha to discuss freeing of Afghanistan’s frozen assets

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(Last Updated On: June 29, 2022)

A senior Islamic Emirate of Afghanistan (IEA) delegation, led by Foreign Minister Amir Khan Muttaqi, headed to Qatar on Wednesday to hold talks with US officials to release some of the $9 billion of frozen reserves. 

According to a Washington Post report, US officials have tried to set up a system for assets to be managed, while simultaneously erecting safeguards to ensure the funds are not siphoned off for misuse by the IEA.

One option discussed by those close to the talks involves having a third party trust fund administer the money, according to the report.

Bloomberg also reported that the discussion will center around “creating a mechanism for releasing the frozen Afghan reserves.” 

Ahmad Wali Haqmal, a spokesman for Afghanistan’s finance ministry told Bloomberg: “We’re expecting this would be a serious round of talks.”

US officials have expressed optimism about the progress on talks but cautioned that several obstacles to the deal remain.

“It would be accurate to say negotiations are underway,” said Shah Mehrabi, an economics professor at Montgomery College in Maryland and a senior member of  Afghanistan’s central bank board since 2002. 

“We are in the process of trying to come up with a mechanism that will allow the transfer of reserves to the central bank of Afghanistan,” he said.

Mehrabi said food costs have skyrocketed by 18 percent in the past several months. Basic household goods rose in cost by 35 percent during the first few months of the year; in May, inflation for household goods hit 42 percent, Mehrabi said.

“These reserves belong to the Afghan people; they are needed to stabilize prices,” he said. “The faster it is delivered to the central bank of Afghanistan, the sooner we will see the impact of the reduction in prices that are critical to enable ordinary Afghans to afford food, cooking oil, and sugar and fuel. Now, they can’t do that.”

The delegation includes central bank Governor Mohammad Idris and Deputy Finance Minister Nazir Kabiri. They will meet with the US Special Envoy for Afghanistan Thomas West and officials from the treasury department, Haqmal said.

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Afghanistan announces aid for quake-hit Turkey and Syria

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(Last Updated On: February 7, 2023)

The Islamic Emirate of Afghanistan (IEA) on Tuesday announced AFN 15 million (approx. $166,000 USD) in humanitarian aid for people affected by recent earthquakes in Turkey and Syria.

Of the total, AFN 10 million (approx. $111,000) will be for Turkey, and AFN 5 million (approx. $55,000) will be for Syria.

The Foreign Ministry in a statement said that IEA stands in solidarity with its brothers and sisters in this time of hardship.

It added that the aid is on the basis of “shared humanity and Islamic brotherhood.”

The statement also said that IEA emergency response and health teams stand ready to participate in rescue operations to assist the affected people if called upon.

The ministry instructed its diplomatic mission in Turkey to not spare any efforts in assisting the victims, and urged Turkey-based Afghan citizens to help with the relief efforts.

Thousands have been killed in Monday’s earthquakes in Turkey and Syria. Turkish President Recep Tayyip Erdogan has announced a three-month state of emergency across 10 provinces worst affected by the earthquakes.

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28 million Afghans are in dire need of humanitarian aid: UNICEF

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(Last Updated On: February 7, 2023)

The United Nations Children’s Fund (UNICEF) has announced that Afghanistan needs immediate humanitarian aid.

UNICEF Deputy Executive Director Omar Abdi on Monday said that Afghanistan is experiencing the worst period over the past two decades.

Abdi said on Twitter that humanitarian needs are felt now more than ever before in Afghanistan, and has warned that disruptions of aid will lead to a humanitarian catastrophe in the war-torn country, already plagued with critical challenges.

“Some 28 million Afghans are in dire need of humanitarian aid, which needs the immediate attention of the international community, partners, and Taliban’s caretaker government,” Abdi said.

During his visit with Afghanistan’s Foreign Minister Amir Khan Muttaqi, UNICEF Executive Director Henrietta Fore reiterated that the organization is committed to carrying on its much-needed operations in the areas of education, healthcare, and children’s vaccinations in Afghanistan.

Previously, UNICEF announced that Afghanistan is among the eight most hunger-hit countries in the world.

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Iran’s top security official leaves for Russia to attend Afghanistan meeting

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(Last Updated On: February 7, 2023)

The Secretary of Iran’s Supreme National Security Council (SNSC) Ali Shamkhani has left the country for Russia to attend a summit that will focus on the political, economic and security situation in Afghanistan.

Shamkhani will join top security officials from Central Asian countries, Pakistan, India and China for a meeting planned for Wednesday in the Russian capital Moscow as part of the fifth round of the multilateral talks on Afghanistan.

The previous edition of the conference had been held in Tajikistan’s capital Dushanbe in May 2022.

Indian capital of New Delhi had hosted the third round of the initiative in 2021 two years after it was launched in Tehran.

Shamkhani is also scheduled to hold meetings with his counterparts from other countries, including Russia’s top security official.

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