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In a major development, the United States has issued new rules allowing commercial and financial transactions with Afghanistan that could give much needed relief to the faltering economy. Secretary of State Antony Blinken announced these measures and said these new rules would ease the flow of humanitarian aid and commercial activities. "To be clear, sanctions on the Taliban remain in place," he, however, added. This means financial institutions, NGOs and private sector companies can now have transactions with Afghanistan as long as they comply with the sanctions. These new rules will inject greater liquidity into Afghanistan's economy and facilitate the flow of funds into the country through official channels. The announcement is a welcome one because it comes at a time of increasing economic hardship in Afghanistan. The United Nations and other agencies had been warning of a looming humanitarian crisis in Afghanistan in the absence of a formal way of getting financial aid to the people. It is expected that these new rules will have a favourable impact on the Afghan economy in the coming weeks and months. Pakistan has been at the forefront of efforts to enable greater international help for Afghanistan.
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Text Practice - Time 356 - English

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