Dire warnings call for US and other nations to ease sanctions
Islambad: The economic collapse of Afghanistan, already teetering dangerously on the edge, would have a “horrendous” impact on the region and the world, successive speakers warned Sunday at the start of a one-day summit of foreign ministers from dozens of Islamic countries.
The hastily called meeting of the Organisation of Islamic Cooperation in Islamabad brought together dozens of foreign ministers with the special representatives on Afghanistan of major powers, including China, the US and Russia.
The gathering also included the UN undersecretary general on humanitarian affairs as well as the president of the Islamic Development Bank Muhammad Sulaiman Al Jasser, who offered several concrete financing proposals. He said the IDB can manage trusts that could be used to move money into Afghanistan, jumpstart businesses and help salvage the deeply troubled economy.
The dire warnings called for the US and other nations to ease sanctions, including the release upward of $10 billion in frozen funds following the Taliban takeover of Kabul on August 15.
Drop preconditions
Speakers also called for a quick opening of the country’s banking system and collectively, with the United Nations and international banking institutions, assistance to Afghanistan. Pakistan’s Prime Minister Imran Khan directed his remarks to the US, urging Washington to drop preconditions to releasing desperately needed funds and restarting Afghanistan...
Read Full Story: https://gulfnews.com/world/asia/pakistan/in-pakistan-muslim-world-unites-to-aid-desperately-poor-afghanistan-1.84503068
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