U.S. and Taliban officials have exchanged proposals for the release of billions of dollars from Afghan central bank reserves held abroad into a trust fund, giving a hint of progress in efforts to ease Afghanistan’s economic crisis.
The United States has been in talks with Switzerland and other parties on the creation of a mechanism that would include the trust fund, disbursements from which would be decided with the help of an international board, according to a U.S. source who also declined to be named.
The U.S. State Department and Switzerland’s Federal Department of Foreign Affairs declined to comment; the Afghan central bank did not respond to requests for comment. The international community wants the group to improve its record on women’s and other rights before officially recognizing it.The Taliban have promised to investigate alleged killings and say they are working to secure Afghans’ rights to education and free speech within the parameters of Islamic law.At talks in Doha last month, the Taliban submitted to U.S. officials their response to the U.S.
Negotiations on the assets and other issues faltered after Washington cancelled meetings in Doha in March when the Taliban reneged on their promise to open girls’ high schools. But the Taliban were concerned the U.S. idea could create a parallel central banking structure, the official added, and were not prepared to remove top political appointees including deputy governor Noor Ahmad Agha, who is under U.S. terrorism sanctions.Initial tranche
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