China calls on US to release Afghanistan’s assets
August 13, 2022
By Ariana News


Wang Wenbin, China’s Foreign Ministry spokesperson, said Friday the freezing of $7 billion of Afghanistan’s foreign reserves has caused the economic crisis in Afghanistan to intensify, and that Beijing sees the continued blocking of these assets as “unjustifiable”.

“The freezing of seven billion dollars in assets of the Central Bank of Afghanistan has played a negative role in aggravating the economic crisis in this country and the US government must release these assets of the Afghan people and there is no justification for the continued blocking of Afghanistan’s assets,” said Wang.

China and Russia, the two fierce rivals of the US, have reacted to the freezing of Afghanistan’s assets several times since the Islamic Emirate in Afghanistan (IEA) took power. The two countries have also called for the release of the foreign reserves on a number of occasions.

“United States is the political and economic opponent of China, and the Chinese make moves against the US from any source,” said Sayed Massoud, a university professor.

After the IEA swept to power in August last year, the US froze almost $10 billion dollars of the country’s foreign reserves.

US President Joe Biden, signed an order on February 11, 2021, that half of the reserves be allocated to the families of victims of the 9/11 attacks in 2001. He instructed that the balance be used for humanitarian aid to the people of Afghanistan.