Afghanistan could face financial collapse if its frozen property aren’t launched: Pakistan’s FM Shah Mehmood Qureshi

He mentioned Pakistan will host a gathering of overseas ministers of Muslim nations on December 19 to debate the deteriorating humanitarian scenario in Afghanistan.

Qureshi informed the media in Lahore that the seventeenth extraordinary session of the Council of Foreign Ministers of the Organization of Islamic Cooperation (OIC) could be held after 41 years, reflecting the urgency of the Afghan scenario.

“If the situation in Afghanistan is not taken care of, there could be a human tragedy,” he mentioned, including that half of Afghanistan’s inhabitants may endure from meals shortages.

Advocating the discharge of Afghanistan’s property, he mentioned the nation may face financial collapse if the frozen property weren’t launched to fulfill the rising wants.

The US seized greater than USD 9 billion in property of the Afghan Central Bank after Taliban insurgents seized energy within the war-torn nation in mid-August.

The Taliban-led authorities in Afghanistan has requested the US to free the nation’s property and elevate sanctions on its banks, citing hardships being confronted by the individuals forward of the chilly winter.

Highlighting the deteriorating scenario in Afghanistan, Qureshi mentioned it may set off a brand new refugee exodus, and requested the world to know the present scenario within the war-ravaged nation. Qureshi mentioned that the P5 nations and the European company have additionally been invited to attend the assembly.

Earlier, Saudi Arabia had known as a rare assembly of the OIC, the most important physique of Muslim nations. Pakistan had provided to host the assembly in Islamabad.

Afghanistan has been beneath Taliban rule since August 15 when the Afghan hardline terrorist group overthrew the elected authorities of President Ashraf Ghani and compelled him to flee the nation and search refuge within the United Arab Emirates.