August 17, 2021

Cutting the Taliban off from global trade could be a tall order

Source: Marketplace

Journalist: Nancy Marshall-Genzer

The head of Afghanistan’s central bank has fled the country. The U.S. has cut off the central bank’s access to reserves held here and may end up taking other steps to isolate the Taliban from the international financing system.

The question is, how’s that going to work if other countries, particularly Russia and China, are still willing to deal with the Taliban?

When the Taliban were in power in the late ’90s, the U.S. imposed strict sanctions on financial dealings with them. And you still can’t trade with them or provide services.

Read the full story and more from Marketplace.

Author

  • Rachel Ziemba

    Adjunct Senior Fellow, Energy, Economics, & Security Program

    Rachel Ziemba is an Adjunct Senior Fellow at the Center for a New American Security (CNAS). Her research focuses on the interlinkages between economics, finance and security i...