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

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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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G7 envoys urge national dialogue for lasting stability in Afghanistan

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Special Representatives of the Group of Seven (G7), including the European Union, have emphasized the importance of a national dialogue for achieving long-term stability in Afghanistan.

Following a meeting on Afghanistan in Geneva, Switzerland, G7 special envoys issued a joint statement calling for the restoration of women's rights and urging the Islamic Emirate to fight terrorism.

The statement reads: "Achieving sustainable peace and stability requires credible governance that represents all segments of Afghan society."

The representatives also expressed concern over the IEA’s decision to ban girls from attending medical institutes, warning that it will have devastating consequences for the citizens, particularly mothers and their infants.

The statement described this ban as unacceptable and called on the Afghan authorities to lift it immediately.

Earlier, countries and international organizations had called for the removal of restrictions on the education and employment of women and girls, emphasizing the need for a national dialogue.

In response to these concerns, IEA has repeatedly stated that it will not allow interference in the internal affairs of the country.

The G7 special envoys also expressed their concern about the recent terrorist attacks in Kabul and the surrounding region, warning that terrorism remains a serious threat to Afghanistan's security. They confirmed the actions of the IEA against Daesh but stressed the need for more decisive measures.

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Afghanistan’s bright future lies in educating girls: Karzai

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Hamid Karzai, the former president of Afghanistan, says the demand of Afghan girls for the reopening of schools and universities is their fundamental right and adds that Afghanistan cannot have a bright future without ensuring access to education for girls.

In a statement on his X (formerly Twitter) account, Karzai said: "The demand and voice of our country’s girls for education and knowledge is a rightful one and crucial for a prosperous Afghanistan."

He further emphasized, "Empowering the youth—both girls and boys—is the only way to achieve self-reliance, break the cycle of poverty, and drive the development and prosperity of society."

Karzai underscored that education is vital for Afghanistan’s growth and development, expressing hope that the doors of schools and universities for girls will be reopened as soon as possible.

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IEA to set up special courts to address pensions

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Mawlawi Hebatullah Akhundzada, the supreme leader of the Islamic Emirate of Afghanistan (IEA), has issued a decree to establish special courts to address pensions, Bakhtar news agency reported on Saturday.

According to the decree, the courts must confirm and process pensions in accordance with Sharia and law.

Pensioners have repeatedly voiced concern over delay in payment, saying that their financial challenges are growing.

Earlier this year, IEA's supreme leader banned money being deducted from salaries of government employees for pensions.

He also requested information on the tenure of employees and the total amount deducted from salaries for pensions.

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