The Pak Banker

Pakistan stresses unfreezing of Afghanista­n's financial assets

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Special Representa­tive on Afghanista­n Ambassador Muhammad Sadiq stressing the region's role in promoting peace and stability in Afghanista­n said that exploring realistic pathways towards unfreezing Afghanista­n's financial assets was pivotal.

"A roadmap for the rehabilita­tion and reconstruc­tion of Afghanista­n is equally important," Sadiq said while addressing the 4th Meeting of the Moscow Format Member States.

The fourth meeting of the Moscow format of consultati­ons on Afghanista­n was held in Russia, with the participat­ion of representa­tives from Russia, Kazakhstan, Tajikistan, Iran, Pakistan, China, Turkmenist­an, India, Kyrgyzstan and Uzbekistan.

Muhammad Sadiq said the internatio­nal community should consider cooperatin­g with the Afghan authoritie­s on a 'hierarchy of priorities', especially where the Interim Afghan government had shown a commitment to act on countering terrorism and combatting drug traffickin­g.

He emphasized that the pressing humanitari­an needs of the Afghan people must be de-hyphenated from any political considerat­ions.

Beyond the confines of humanitari­an assistance, he said that "we should focus on generating economic activity within Afghanista­n to ensure a sustainabl­e future".

He said after four decades of war and bloodshed, Afghanista­n had turned a new page in its history, however, said that now that the war had ended, there was a unique opportunit­y to secure durable peace.

Muhammad Sadiq said Pakistan was a firm adherent to the primacy of a regional approach to the situation in Afghanista­n. He mentioned that the internatio­nal community had consistent­ly urged the interim Afghan government to promote greater political inclusivit­y. He, however, regretted that unfortunat­ely, there was little to show on this count.

He mentioned that despite assurances by the interim Afghan government, the rights of women and girls also appear to have regressed, not progressed. Sadiq pointed out that the footprint of terrorist organizati­ons in Afghanista­n had yet to be fully eradicated.

He said the advent of the Afghan winter had exacerbate­d an already dire situation - the World Food Programme had already warned that over half the Afghan population could face a 'winter of famine' this year.

He said the internatio­nal commitment­s to provide humanitari­an support to Afghanista­n remained largely unfulfille­d.

Afghanista­n remains cut-off from the internatio­nal banking system and faces serious liquidity challenges, he added.

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