United States: Taliban will not have access to Afghan central bank reserves | Business and finance news

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US Deputy Treasury Secretary Wally Adeyemo said on Tuesday that it was important to maintain US sanctions against the Taliban.

US Deputy Finance Minister Wally Adeyemo said he did not see a situation where the Taliban, who regained power in Afghanistan in August, would have access to Afghan central bank reserves, which are largely in the United States.

“We believe it is important that we maintain our sanctions against the Taliban but at the same time find ways for legitimate humanitarian aid to reach the Afghan people. That’s exactly what we’re doing, Adeyemo told the Senate Banking Committee on Tuesday.

The Taliban has called on the United States to lift a block of more than $ 9 billion in Afghan central bank reserves held outside the country as the government struggles to quell a deepening economic crisis.

The Taliban regained power in Afghanistan in August after the United States withdrew its troops, almost 20 years after the armed group was ousted by US-led forces following the attacks on the United States on September 11, 2001.

The United States and other Western countries have struggled with difficult choices because of a major humanitarian crisis in Afghanistan. They have tried to find out how they can interact with the Taliban without giving them the legitimacy they seek, while ensuring that humanitarian aid flows into the country.

“Our goal is to ensure that we implement our sanctions regime against the Taliban and the Haqqani network, while allowing the flow of humanitarian aid into the country,” Adeyemo said.

The Haqqani network is a group affiliated with the Taliban based near the border with Pakistan and blames some of the war’s worst suicide attacks.

Adeyemo said the finance ministry had taken all possible steps within the sanctions regime to make it clear to humanitarian groups that Washington wanted to facilitate the flow of aid to the Afghan people, but warned that the Taliban must flow within the country.

Last month, the Ministry of Finance paved the way for aid to flow to Afghanistan despite US sanctions against the Taliban when it issued two general licenses.

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