Washington has refused to release Afghan funds after the Taliban takeover. The US government held a total of $7 billion despite arguments that president Biden refuses to do so.
US Will Not Release Funds Despite Urgings
One of the reasons that funds are kept is because the Taliban is supposed to be harboring terrorists, reported RT. The $7 billion is the asset of the Afghan Central Bank, and it's not for the US to decide to hold or not.
After making some headway in the negotiations, talks with the Taliban were put on hold, the Wall Street Journal reported on Monday, citing US sources.
One year into the Taliban's rule, the WSJ claimed that the failure to transfer the funding hands a setback to the prospects of an improving economy in Afghanistan as thousands face starvation, noted Azerbaycan 24.
Around 70 eminent academics and economists from the US, the UK, and five other nations published an open letter last week pressing Washington to free the funds.
Their motivation is the economic development and humanitarian catastrophes that are developing in Afghanistan, which Joe Biden started by mishandling the US withdrawal, citing Tasnim News.
According to Thomas West, recapitalizing the Afghan Central Bank is not considered a short-term solution per the Wall Street Journal.
Thomas West, recapitalizing the Afghan Central Bank is not being considered a short-term solution, he told the Wall Street Journal.
Washington's Reason To Hold the Money
The involvement of Ayman al-Zawahiri, the leader of Al Qaeda, who was assassinated by US forces in a drone attack in Kabul last month, cemented the fate of the legitimate Afghan funds.
Washington's worries that the Taliban's return to power has encouraged Al Qaeda and other terrorist groups to consolidate in the nation, setting the stage for future strikes, were reinforced by the fact that the high-level terrorists appeared at ease traveling to Afghanistan's capital.
West said the Taliban hiding the Al Qaeda leader Ayman al-Zawahiri is the reason why the funds are frozen.
Last Wednesday, economists lambasted the Biden White House's actions and advocated for the release of the Afghan Central Bank's assets, which had been frozen following the Taliban takeover last year.
Concerned about Afghanistan's looming economic and humanitarian catastrophes, these economists, and academicians, among those opposed to the dubious US operations, want the money released.
All of this results from US meddling causing a Taliban takeover, which was made worse by Joe Biden's failed foreign policy.
Concerned about Afghanistan's looming economic and humanitarian catastrophes, these economists, and academicians, among those opposed to the dubious US operations, want the money released.
All of this is the result of US meddling, which was made worse by Joe Biden's failed foreign policy.
The open letter addressed to President Joe Biden, and US Treasury Secretary Janet Yellen states that if the assets are still retained, it will economically damage Afghanistan, including the facilitation of food and oil imports, on which the country greatly depends.
The needs of the Afghans must be prioritized when faced with hunger, and the situation in the country is the work of the US and its allies.
Washington should release the legitimate Afghan funds of $7 billion after getting frozen after the Taliban takeover; western representatives are shocked how the Biden administration could allow people to suffer for their gross errors.
