Officials from the US and the Taliban government in Afghanistan have reportedly exchanged proposals for the release of billions of dollars from the country’s foreign reserves, which were frozen by Washington last year.
According to sources who spoke with Reuters and are familiar with the talks, Washington is pushing for the Taliban to replace the current appointees of Afghanistan’s central bank, which include Taliban members under sanctions from Washington.
This request is reportedly a bid to “insulate” the banking institution from the Taliban.
Following the complete disintegration of the US-trained Afghan army and the chaotic withdrawal of foreign troops from the country last August, the White House froze nearly $10 billion of Afghanistan’s foreign reserves.
With the US cutting Afghanistan off from its resources, and blocking international organizations from providing emergency aid, a severe humanitarian crisis has unraveled in the war-torn country.