320x50

US allows financial transactions with Taliban

F.P. Report

WASHINGTON DC: On Friday, the U.S. Departm-ent of the Treasury’s Office of Foreign Assets Control (OFAC) issued two general licenses (GLs) to support the continued flow of humanitarian assistance to the people of Afghanistan and other activities that support basic human needs in Afghanistan.

This action continues the U.S. government’s longstanding practice of authorizing the provision of humanitarian goods and services to areas affected by U.S. sanctions.

Treasury remains committed to ensuring that U.S. sanctions do not limit the ability of civilians located in Afghanistan to receive humanitarian support from the US government and international community, while denying assets to the Taliban and other sanctioned entities and individuals.

“Treasury is committed to facilitating the flow of humanitarian assistance to the people of Afghanistan and other activities that support their basic human needs.

Treasury will continue to work with financial institutions, international organizations, and the nongovernmental organization (NGO) community to ease the flow of critical resources, like agricultural goods, medicine, and other essential supplies, to people in need, while upholding and enforcing our sanctions against the Taliban, the H-aqqani Network, and other sanctioned entities,” said Office of Foreign Assets Control Director Andrea Gacki.

As part of this commitment, OFAC issued GL 14, which authorizes the U.S. government, NGOs, and certain international organizations and entities, as well as those acting on their behalf, to engage in the provision of humanitarian assistance to Afghanistan or other activities that support basic human needs in Afgh-anistan.

OFAC also issued GL 15, which authorizes c-ertain transactions related to the exportation or reexportation of agricultural co-mmodities, medicine, and medical devices (as well as replacement parts, components, and software updates for medical devices.

Leave a Comment