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Afghan economists object to US decision to move frozen assets

Economists have vehemently opposed Washington’s decision to establish the Afghan Fund and transfer $3.5 billion of Afghanistan’s frozen assets into a Swiss account. The economists said Monday the people appointed to manage the fund do not have the expertise to do so and collectively called for Afghanistan foreign reserves to be returned to the country.
United States Abdul Qadir Jilani Bilal Karimi Taj Mohammad Talash Sayed Massoud Ministry Of Foreign Affairs Afghanistan

China calls on US to release Afghanistan's assets

Wang Wenbin, China’s Foreign Ministry spokesperson, said Friday the freezing of $7 billion of Afghanistan’s foreign reserves has caused the economic crisis in Afghanistan to intensify, and that Beijing sees the continued blocking of these assets as “unjustifiable”. "The freezing of seven billion dollars in assets of the Central Bank of Afghanistan has played a
United States Wang Wenbin Joe Biden Sayed Massoud Central Bank China Foreign Ministry

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ADB suspends TAPI project until IEA gains international recognition

The Asian Development Bank (ADB) has confirmed that work on the trans-nations Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project has been suspended until the Islamic Emirate of Afghanistan (IEA) government has gained international recognition. In response to an email sent to the ADB by Ariana News, an official confirmed that the project has been put on hold.
North West Frontier Shirbaz Kaminzada Sayed Massoud Afghanistan Chamber Asian Development Bank Islamic Emirate

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