Amir Khan Muttaqi, Acting Foreign Minister, sharply criticized the United States for continuing to freeze Afghanistan’s foreign currency reserves, labeling the action illegitimate and a major obstacle to the country’s economic progress.
Kabul 24: He demanded the immediate and unconditional release of these assets to enable Afghanistan’s economy to return to its natural course.
Speaking at a meeting of foreign ministers of the Organization of Islamic Cooperation (OIC) in Turkey, Muttaqi highlighted the adverse effects of the sanctions, stating: “After two decades of war in Afghanistan, the United States has frozen our national assets.
This unlawful act has severely hampered Afghanistan’s natural economic development. From this platform, in the presence of OIC member states, I reiterate that the Central Bank’s assets must be released without any preconditions.”
He urged OIC member countries to leverage their diplomatic capacities and act on their humanitarian and Islamic responsibilities to help lift these restrictions.
Emphasizing Afghanistan’s strategic position as the “Heart of Asia,” Muttaqi noted that the country could serve as a bridge connecting Islamic nations in trade, transit, and economic cooperation.
He added: “Afghanistan is ready to act as a gateway for economic collaboration among Islamic countries, playing a pivotal role in regional connectivity, energy, logistics, and investment.”
Economic experts agree that focusing on domestic production and boosting exports could alleviate some of the pressures from sanctions. Mir Shaker Yaqoobi, an economic analyst, said: “To mitigate the impact of international sanctions, the government must enhance domestic production capacity and foster cooperation with neighboring countries, particularly in transit and international trade. Increasing production and exports can strengthen the economy against external restrictions.”
Over four years have passed since Afghanistan’s assets were frozen, yet no significant action has been taken by the international community.
Earlier, the Deputy Minister of Economy revealed that Afghanistan is negotiating with China, Russia, and Iran to establish joint banks to reduce the impact of banking sanctions.
These efforts reflect Afghanistan’s determination to find alternative solutions to international constraints.
However, the release of frozen assets remains a top priority, as these resources could bolster economic stability, improve infrastructure, and reduce poverty. Muttaqi stressed that OIC cooperation could be decisive in amplifying Afghanistan’s voice on global platforms.
