Beautiful Virgin Islands

Tuesday, Aug 11, 2026

China Wants Sanctions On Afghanistan Lifted, Its Forex Reserves Released

China Wants Sanctions On Afghanistan Lifted, Its Forex Reserves Released

Addressing the G20 Foreign Ministers, Chinese Foreign Minister Wang Yi demanded the rushing of humanitarian assistance to Afghanistan without any delay.
China on Thursday called for the lifting of sanctions against the Taliban-administered Afghanistan and urged the US not to use the frozen foreign exchange reserves of the war-torn country as a "bargaining chip" to exert political pressure on the hardline terrorist group.

Addressing the G20 Foreign Ministers via a video link, Chinese Foreign Minister Wang Yi also demanded the rushing of humanitarian assistance to Afghanistan without any delay.

"Humanitarian assistance is a task which brooks no delay. We should redouble efforts on and speed up the provision of assistance to Afghanistan, and in particular, lend the Afghan people a helping hand in time to address their most urgent needs," a foreign ministry statement quoted Wang as saying.

He highlighted China's decision to provide 200-million-yuan ($31 million) aid, which included three million vaccines.

Wang also asked the US to release frozen foreign reserves of Afghanistan's central bank.

According to reports from Washington, the US has frozen about $9.5 billion in assets belonging to Afghanistan's central bank and stopped shipments of cash to Kabul, in a bid to keep the Taliban government from accessing the money.

"The economic sanctions must be stopped. All kinds of unilateral sanctions or restrictions on Afghanistan should be lifted," Wang asserted.

"Afghanistan's foreign exchange reserves are its national assets, and should be owned by and used for the people, rather than being used as a bargaining chip to exert political pressure on Afghanistan," he said, adding that G20 members should actively take practical steps to help Afghanistan ease the current liquidity stress.

International financial institutions should also provide financing support for poverty reduction, sustainable development, livelihood and infrastructure projects in Afghanistan, he said.

After the Taliban's seizure of power in Afghanistan last month, the International Monetary Fund and the World Bank halted their aid to the war-torn country which largely depends upon the flow of foreign funds.

According to reports from Kabul, Afghanistan's economy is near collapse even as the United Nations has made hectic efforts to galvanise global efforts to rush food and essential supplies.

The Taliban, whose interim government is yet to be recognised, have earlier asked the US to release its frozen foreign exchange reserves and threatened to take legal action.

"Both the symptoms and root causes of the refugee issue must be addressed. The United States and the North Atlantic Treaty Organization (NATO) countries should take the primary responsibility for solving the issue of Afghan refugees and migrants," he said.

Wang also spoke about China, Pakistan and Russia's initiatives to step up contacts with the Taliban.

The special envoys of the three countries held talks with top Taliban officials in Kabul as well as former Afghanistan president Hamid Karzai and Abdullah Abdullah, President of the Council for National Reconciliation under the previous government, during the past two days.

"First Foreign Ministers' Meeting on the Afghan Issue among the Neighbouring Countries of Afghanistan and the Informal Meeting of Foreign Ministers of China, Russia, Pakistan and Iran on the Afghan Issue reached a consensus, sending a clear signal of creating a favourable external environment for the peaceful reconstruction of Afghanistan," Wang said.

Also, the world community support the efforts of Afghanistan “eventually building a broad and inclusive political structure which respects the basic rights of minority groups, women and children, and pursues a foreign policy of peace advocating good neighbourliness with all countries, especially with neighbouring countries,” he said.

The counter-terrorism cooperation needs to be deepened, he added. “Afghanistan must earnestly honour its commitments by making a clean break with and resolutely fighting all kinds of international terrorist forces,” Wang said.

He said the international community should build a united front against terrorism, oppose double standards and selective counter-terrorism, and prevent Afghanistan from becoming a breeding ground and shelter for terrorism again.

"Afghanistan should make its administration more inclusive and predictable, and the international community should work in a down-to-earth manner to help Afghanistan accelerate reconstruction so as to fundamentally reduce the number of new refugees and migrants,” he said.
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Russia’s A7 Builds a State-Linked Payments Network Beyond Western Sanctions
Hyper-Realistic Reborn Dolls Draw Collectors Seeking Comfort and Craft
Gen Z Cuts Back on Dating as a Night Out Nears $200
Patients Turn to Artificial Intelligence for Therapy as Psychiatrists Warn of Privacy and Clinical Risks
Couples Embrace ‘Sleep Divorce’ to Protect Rest and Reduce Tension
Meta Ordered to Pay $567 Million and Change Facebook and Instagram Safeguards for Children
Up to only 10 Months in Prison for Swedish Officer’s Murderer Sparks Anger
Success: Nvidia Turned Gaming Chips Into the Engine of the AI Boom
Jorge Messi, Lionel Messi’s Father and Longtime Agent, Dies at 68
AI’s Next Bottleneck Is Power, Not Just Nvidia Chips
Advertising trick: Pepsi’s Harrier Jet Commercial Led to a $700,000 Court Fight
Meta Raises AI Spending Target to as Much as $145bn Despite Pressure Over Returns
Danube Drought Exposes Nazi Wrecks and Pushes Central Europe’s Power System to the Brink
Joe Biden’s Cancer Has Spread Beyond His Bones, Hunter Biden Says
Air Traffic Control Outage Grounded Flights Across the Midwest
Why 2027 Could Be a Strong Year for Stocks—and Why the Forecast Is Fragile
Why Markets May Look Quiet in August After Big Tech Earnings
Australian Crew Evacuates Seriously Ill American From Antarctica in Midwinter Darkness
Trump’s Top General Seeks an Exit Strategy From Iran War, Report Says
Brock Lesnar Retires From Wrestling, Closing a Career of Rare Athletic Range and Lasting Controversy
Trump-Era Policy Shifts Test the Boundaries of U.S. Institutions
UK Drought Cuts Harvests and Raises Food-Security Fears
UFO: Pentagon Releases Video of Unidentified Object Tracked Over Middle East
US Health Secretary: “I’m Not Afraid of Germs — I Used to Snort Cocaine Off Toilet Seats”
Ukraine Tells Senate Republicans Its Drone War Offers a Blueprint for America
Weight-Loss Drug Boom Tests the Limits of Prescription Advertising Rules
Trump Keeps Hegseth at Pentagon While Leaving Door Open for DeSantis
UK Clears Paramount’s Warner Bros. Discovery Deal, but US Trial Looms
UK Prosecutors Add 38 Charges Against Andrew and Tristan Tate
Taiwan’s President Joins Wartime Command Drill as China Pressure Grows
Saudi Arabia, Turkey and Pakistan Sign Mutual-Defence Pact
HMRC’s 2029 Tax Shift Could Overlap Old and New Self-Assessment Bills
Thetford Disorder Prompts Expanded Police Powers Amid Asylum-Housing Protests
Cambridge Faces Calls for Independent Review of Jason Arday Appointment
Scotland’s ‘Cock of the North’ Woodland Is Being Felled After Wind Damage
Reform UK and Greens Unite Against Vast Solar Plans for Kent Marshland
New Zealand Draws Wealthy Americans With Revamped Investor Visa
Senate Panel Votes to Hold Anthony Fauci in Contempt After Fifth Amendment Testimony
Cambridge Professor Jason Arday Resigns as University Opens Inquiry Into His Credentials
Manchester Power Failure Disrupts Trains Across North West Into Friday
Lightning Strike Kills Yala FC Player During Match in Southern Thailand
Senate Scrutinises AI-Driven Personalised Pricing
Spain Seeks Mainland Transfers for 1,100 Children Stranded in Ceuta
Spain and Morocco Trade Blame After 72,000 Migrants Enter Ceuta
Met Police Investigated Journalist Who Questioned Cambridge Professor
Badenoch Defends Tory Candidate Jailed for Antisemitic Abuse of Luciana Berger
NHS Spends £240m a Year Storing Paper Records Despite Digital Push
Apple Seeks Court Order to Stop OpenAI Using Alleged Trade Secrets
Breaking With the Past: One of the World’s Smallest Countries Changes Its Name
AI Is Remaking the US Economy, From GDP Growth to iPhone Prices
×