The sanctions imposed on Afghanistan’s banking system are posing severe economic challenges for Afghanistan.
Economists say that ordinary Afghans are most vulnerable to these sanctions.
The Afghan Business Council in the UAE said that the sanctions have a negative impact on trade in the country.
The head of the council, Haji Obaidullah Sadarkhail, said the traders are facing problems with the transaction of money abroad for business.
“The traders are facing problems with the transaction of money from inside the country to outside. All of our banks are sanctioned and the government is also sanctioned. We all need to work together in this regard,” he said.
The Islamic Emirate said that there has been no foreign investment in Afghanistan over the last year.
The Islamic Emirate’s deputy spokesman, Bilal Karimi, called on the international community to lift sanctions on Afghanistan.
“It is time for the world to help the Afghans who have just recovered from a destructive war so they can get over the economic problems which are looming,” he said.
“The UN and other international organizations should take responsible action and remove the financial obstacles and should support Afghanistan’s development fund as well as provide economic assistance,” said Abdul Rahman Habib, a spokesman for the Ministry of Economy.
Earlier, the World Bank in its report said that the sanctions affected Afghan international payments.
