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IEA, US meet in Doha to discuss freeing of Afghanistan’s frozen assets
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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Iran FM: Regional interests directly linked to stability in Afghanistan
Iranian Foreign Minister Seyed Abbas Araqchi said on Sunday that the security, stability and prosperity of Afghanistan are directly linked to the interests of its neighbouring countries, stressing that regional cooperation is essential for lasting peace and development.
Speaking at a regional meeting on Afghanistan in Tehran, Araghchi said no extra-regional or imposed solutions can resolve Afghanistan’s challenges, arguing that neighbouring states are the most natural and reliable partners in addressing regional crises. He said Iran has consistently emphasized the central role of neighbours in all initiatives related to Afghanistan.
Highlighting Afghanistan’s geo-economic position at the crossroads of Central, West and South Asia, Araghchi said the country’s stability and development are not only a humanitarian necessity but also a strategic requirement for the entire region.
He noted that Iran, as a long-standing neighbour and close partner of the Afghan people, supports Afghanistan’s full regional integration. Araghchi added that the failure of security-centric and externally imposed approaches, including NATO’s two-decade military presence and the hasty U.S. withdrawal in 2021, demonstrated the limits of outside intervention.
The Iranian foreign minister called for regular dialogue mechanisms among Afghanistan’s neighbours to prevent misunderstandings, improve coordination on economic, border and humanitarian issues, reduce tensions and strengthen regional cooperation.
Meanwhile, Pakistan’s special envoy for Afghanistan, Mohammad Sadiq, said Islamabad’s concerns over terrorism must be addressed resolutely, adding that Pakistan supports peace, development and security across the region.
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Defense Minister stresses importance of religious and modern education in Afghanistan
Mohammad Yaqub Mujahid, Minister of Defense of the Islamic Emirate of Afghanistan has emphasized the importance of acquiring both religious and contemporary knowledge.
Speaking at a madrasa graduation ceremony in Kandahar province, he urged communities to support schools and education, stating: “Do not let your children remain uneducated. Pursue all forms of knowledge, both modern and religious.”
He added that the Islamic Emirate is committed to serving the people, with some forces protecting the borders and others safeguarding lives and property.
Separately, in a voice message to a separate ceremony in Khost, Mullah Tajmir Jawad, First Deputy of the General Directorate of Intelligence, highlighted Afghanistan’s historical role as a center of religious and scholarly learning, influenced by the Transoxiana and Deoband schools of thought.
He noted that today, Afghanistan has tens of thousands of active madrassas, educating a large number of youth, and that the Islamic Emirate gives special attention to both religious and modern sciences.
He said that the Islamic Emirate is also focused on reforming madrasa curricula, improving teaching methods, maintaining discipline, and raising the overall quality of education.
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