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US and IEA make progress on Afghan reserves

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US and Islamic Emirate of Afghanistan (IEA) officials have exchanged proposals for the release of billions of dollars from Afghan central bank reserves held abroad into a trust fund, three sources familiar with the talks told Reuters. 

Significant differences between the sides remain, however, according to two of the sources, including the IEA’s refusal to replace the bank’s top political appointees, one of whom is under US sanctions as are several of the movement’s leaders.

Some experts said such a move would help restore confidence in the institution by insulating it from interference by the IEA that took power a year ago but which foreign governments do not recognise.

While the IEA do not reject the concept of a trust fund, they oppose a US proposal for third-party control of the fund that would hold and disburse returned reserves, said an IEA source who spoke on condition of anonymity, Reuters reported. 

The United States has been in talks with Switzerland and other parties on the creation of a mechanism that would include the trust fund, disbursements from which would be decided with the help of an international board, according to a US source who also declined to be named. 

A possible model could be the Afghanistan Reconstruction Trust Fund, a World Bank-administered fund created to get donations of foreign development assistance to Kabul, the US source added.

“No agreement has been reached yet,” said Shah Mehrabi, an Afghan-American economics professor who is on the Afghan central bank’s supreme council, Reuters reported. 

Some $9 billion in reserves have been held outside Afghanistan, including $7 billion in the US. 

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Afghanistan and Kyrgyzstan boost trade and digital finance ties

Minister Sydykov, in turn, pledged the continuation of Kyrgyzstan’s humanitarian assistance to Afghanistan and highlighted his country’s interest in working together on e-governance initiatives.

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Afghanistan’s Deputy Prime Minister for Administrative Affairs, Abdul Salam Hanafi, has met with a high-level Kyrgyz delegation led by Minister of Economy and Commerce Bakhyt Sydykov to discuss expanding bilateral trade and strengthening cooperation in digital financial services.

During the meeting, Hanafi reaffirmed Afghanistan’s readiness to deepen ties with Kyrgyzstan, stressing the importance of developing electronic administration systems and modern banking channels to facilitate trade and financial transactions between the two countries.

Minister Sydykov, in turn, pledged the continuation of Kyrgyzstan’s humanitarian assistance to Afghanistan and highlighted his country’s interest in working together on e-governance initiatives. He also pointed to potential cooperation in areas such as the printing of securities and the development of electronic payment systems.

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India reaffirms healthcare support to Afghanistan, hands over medicines and vaccines

Indian officials said the support underscores New Delhi’s commitment to helping improve healthcare services and access to life-saving treatment in Afghanistan.

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India has reaffirmed its commitment to continued humanitarian assistance and healthcare cooperation with Afghanistan, with a focus on the long-term supply of essential medicines.

According to the Ministry of Health and Family Welfare of the Government of India, Union Health Minister J.P. Nadda held a productive meeting with Afghanistan’s Minister of Public Health, Noor Jalal Jalali. The discussions focused on strengthening cooperation in the health sector and addressing the medical needs of the Afghan people.

During the meeting, a symbolic handover of cancer medicines and vaccines was carried out, reflecting India’s ongoing support for Afghanistan’s healthcare system. The ministry also announced that a larger consignment of medicines, vaccines, and a 128-slice CT scanner is being dispatched to Afghanistan as part of India’s humanitarian assistance efforts.

Indian officials said the support underscores New Delhi’s commitment to helping improve healthcare services and access to life-saving treatment in Afghanistan.

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Afghan forces target hideout of suspects linked to cross-border attacks on Chinese nationals

Afghan forces target hideout of suspects linked to cross-border attacks on Chinese nationals

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Security sources said that special forces of the Islamic Emirate of Afghanistan (IEA) have targeted a hideout in Badakhshan province linked to suspects involved in attacks against Chinese nationals in neighboring Tajikistan.

According to the sources, the operation was carried out on Tuesday night in Faizabad city, where several individuals suspected of orchestrating cross-border attacks from Badakhshan’s frontier regions were believed to be present. As a result of the operation, one wanted suspect was arrested alive along with weapons and other military equipment.

The sources added that preliminary investigations and initial confessions by the detainee indicate the planning of the attacks was carried out from outside Afghanistan.

This comes as Tajikistan’s Ministry of Foreign Affairs announced on November 27 that three Chinese citizens were killed in an attack in Khatlon province.

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