Islamic Countries Rally Round To Save Afghanistan From Imminent Financial Collapse

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Islamic countries scrambled on Sunday to find ways to help Afghanistan avert an imminent economic collapse they say would have a horrendous global impact.

The hastily called meeting of the Organization of Islamic Cooperation in Islamabad ended with a promise to set up a fund to provide humanitarian aid through the Islamic Development Bank, which would provide a cover for countries to donate without dealing directly with the country’s Taliban rulers.

In a press conference at the end of the summit, Pakistan’s Foreign Minister Shah Mahmood Qureshi also described what he called good news from the United States, whose special representative on Afghanistan, Tom West, attended the summit.

He said West met with the Taliban delegation led by the interim foreign minister Amir Khan Muttaqi on the sidelines. Qureshi said West also said he was mandated to engage with the Taliban, that U.S. humanitarian aid to Afghanistan would not carry preconditions and there could be as much as $1.2 billion available through the World Bank in money that could be released to Afghanistan.

There was no immediate response from the U.S. to Qureshi’s statements.

There has been a growing call for the U.S. and other countries to release upward of $10 billion in frozen Afghan assets. However, previously the U.S. has said at least some of that money is tied up in litigation involving the survivors and the families of victims of the 9/11 terrorist attacks carried out by al Qaida while being harbored in Afghanistan by the Taliban during their previous rule.

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