INSUBCONTINENT EXCLUSIVE:
The Biden administration does not plan to release billions of dollars of Afghan government assets held by the country&s central bank anytime
soon, the US special envoy for Afghanistan, Tom West said Monday.Citing concerns the funds could end up in the hands of terrorists after the
leader of al-Qaeda was killed while hiding out in Kabul, West said: &We do not see recapitalization of the Afghan central bank as a
near-term option.He said ''the Taliban&s (IEA) sheltering of al-Qaeda leader Ayman al-Zawahiri reinforces deep concerns we have regarding
diversion of funds to terrorist groups.CNN reported that a National Security Council spokesperson said ''there has been no change& in
efforts to get the funds to the Afghan people, but cited Zawahiri&s presence in Kabul as having a direct impact on how the administration
deals with the Islamic Emirate of Afghanistan (IEA).We have been engaged with foreign counterparts in efforts to support the establishment
of an international trust fund with robust safeguards to enable the use of Afghan reserves for the benefit of the Afghan people given
Afghanistan&s ongoing economic and humanitarian crisis,& the NSC spokesperson said.We have made considerable progress and our focus right
now is on supporting the establishment of this fund
The recent revelations of the Taliban&s (IEA) flagrant violation of the Doha agreement illustrate the importance of remaining clear-eyed in
our dealings with the Taliban
Our approach to the future of these assets will continue to reflect that reality.This decision not to move on the releasing of the funds
anytime soon comes about six months after US President Joe Biden signed an executive order allowing for the $7 billion in frozen assets from
Afghanistan&s central bank to eventually be distributed inside the country and to potentially fund litigation brought by families of victims
of the September 11 terror attacks.The funds were frozen by the US government after the Afghan government collapsed last year and the IEA
took over control of the country.The post Biden unlikely to release frozen Afghan assets anytime soon first appeared on Ariana News.
