HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.
![handle is hein.congrecreports/crptxafvw0001 and id is 1 raw text is: AUTHENTICATED
U.GOVERNMENT
INFORMATION .
118TH CONGRESS REPORT
1st Session HOUSE OF REPRESENTATIVES 118-328
EXPOSING CHINA'S SUPPORT FOR THE TALIBAN ACT
DECEMBER 19, 2023.-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed
Mr. MCHENRY, from the Committee on Financial Services,
submitted the following
R E P O R T
[To accompany H.R. 4765]
[Including cost estimate of the Congressional Budget Office]
The Committee on Financial Services, to whom was referred the
bill (H.R. 4765) to require the Secretary of the Treasury to carry
out a study on Chinese support for Afghan illicit finance, and for
other purposes, having considered the same, reports favorably
thereon with an amendment and recommends that the bill as
amended do pass.
The amendment is as follows:
Strike all after the enacting clause and insert the following:
SECTION 1. SHORT TITLE.
This Act may be cited as the Exposing China's Support for the Taliban Act.
SEC. 2. STUDY ON CHINESE SUPPORT FOR AFGHAN ILLICIT FINANCE.
(a) FINDINGS.-Congress finds the following:
(1) Though China and Afghanistan share only a small land border, when it
comes to illicit financial activity between the two countries, China has a dem-
onstrated history of permissiveness regarding trafficking and money laundering
that could support both the Taliban and its associates.
(2) A 2014 Financial Action Task Force report titled, Financial Flows Linked
to the Production and Trafficking of Afghan Opiates found evidence of import/
export companies registered in China that were transferring funds to Afghani-
stan, likely as part of trade-based money laundering schemes centered around
illicit opium production and trafficking, which, per the United Nations Office on
Drugs and Crime (UNODC), is one of the Taliban's main sources of income.
(3) Since the U.S. withdrawal from Afghanistan in August 2021, China has
announced its willingness to lend financial support and legitimacy to the
Taliban-led government in Afghanistan, including Afghan Interior Minister,
Sirajuddin Haqqani, a member of the U.S.-sanctions designated Foreign Ter-
rorist Organization, the Haqqani Network.
(4) China's permissive policies regarding Afghan illicit finance run counter to
the strategic interests of the United States with respect to countering traf-
49-006](ViewImageLocal?handle=hein.congrecreports/crptxafvw0001&div=1&collection=&method=preview&ext=.png&size=3)