Afghanistan: Freezing of Afghan Assets Large Factor in Economic Collapse, China

KABUL, 15 August 2022, (TON): Speaking at a press conference, Wang Wenbin, deputy Director of the Foreign Ministry Information Department of China, said “the US government’s decision to seize Afghanistan’s $7 billion of foreign exchange reserves contributed mightily to Afghanistan’s economic collapse." 

The US government’s decision to divide these funds in two is arbitrary and unjustified and undermines the recovery of the Afghan economy, Wenbin said at the press conference. 

Wenbin told reporters “nearly 20 years of 'forced transformation' imposed by the US on Afghanistan have not only failed to lift the Afghan people out of poverty and turbulence, but also worsened the crisis of human survival and national development.” 

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