Pakistan sanctions Taliban to avoid global finance blacklist

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 86%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Pakistan issued sweeping financial sanctions against Afghanistan’s Taliban, just as the militant group is in the midst of the U.S.-led peace process in the neighboring country. | AP

Last year the Paris-based group put Islamabad on a grey list. Until now only Iran and North Korea are blacklisted, which severely restricts a country’s international borrowing capabilities.There was no immediate response from the Taliban, but many of the group’s leaders are known to own businesses and property in Pakistan.

Pakistan has denied giving sanctuary to the Taliban following their ouster in 2001 by the U.S.-led coalition but both Washington and Kabul routinely accused Islamabad of giving them a safe haven. But even as Washington has already begun withdrawing its soldiers, efforts to get talks started between Kabul’s political leadership and the Taliban have been stymied by delays in a prisoner release program.The two sides are to release prisoners — 5,000 by the government and 1,000 by the Taliban — as a goodwill gesture ahead of talks. Both sides blame the other for the delays.

Kabul has defied a traditional jirga or council’s order to release the last Taliban it is holding, saying it wants 22 Afghan commandos being held by the Taliban freed first.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

AP Good timing

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lawmaker wants beauty product manufacturer blacklisted for labeling Manila a 'province of China'Manila Mayor Isko Moreno delivered a stern warning to business owners who violate the country's rules, particularly striking a firm note against Chinese nationals who 'seemingly disregard Philippine sovereignty.' I hope that this is clear to our friends from PRC 👉🏼 馬尼拉,菲律賓 NOT 馬尼拉, 中國! 明白吗?!!! DFA PHnotChina Chinoy ChinaEmbassy We will see this again and again if we still remain silent Get Chinese nationals who don't comply out of Phillipines.
Source: CNN Philippines - 🏆 13. / 63 Read more »