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U.S. Sanctions Afghan, Pakistani Exchange Houses For Supporting Taliban

WASHINGTON -- The United States has sanctioned two money exchange houses, operating primarily in Afghanistan and Pakistan, for providing financial support to the Taliban.

In a statement, the Treasury Department said that both the Haji Khairullah Haji Sattar Money Exchange (HKHS) and the Roshan Money Exchange (RMX) have been "used by the Taliban to facilitate money transfers in support of the Taliban’s narcotics trade and terrorist operations" in Afghanistan's Helmand Province, Pakistan's Balochistan Province, and elsewhere.

The measure, which also applies to HKHS's two co-owners, prohibits any transactions with U.S. persons and blocks all property in the United States.

According to Under Secretary for Terrorism and Financial Intelligence David S. Cohen, the U.S. sanctions coincide with action taken by the United Nations.