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DAB welcomes US court decision to not use $3.5 billion to pay 9/11 victims 

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(Last Updated On: February 22, 2023)
Da Afghanistan Bank on Wednesday welcomed the decision of a US District Court decision not to use $3.5 billion of Afghanistan’s frozen assets to pay compensation to the victims of 9/11.
 
“Afghanistan’s foreign exchange reserves are assets of Afghans, which are used according to the law for the purpose of monetary stability, strengthening the financial system & facilitating trade with the world,” DAB said in a statement Wednesday.
 
“The people of Afghanistan want the restrictions imposed on the country’s foreign exchange reserves to be completely removed so that the suffering people can be freed from psycho-economic problems,” DAB said. 
 
“Da Afghanistan Bank – is ready to cooperate comprehensively with the countries of the world & related organizations to resolve international concerns,” read the statement. 
 
This comes after a US judge decided on Tuesday that victims of the Sept. 11, 2001, attacks are not entitled to seize $3.5 billion of assets belonging to Afghanistan’s central bank to satisfy court judgments they obtained against the Islamic Emirate of Afghanistan (IEA), Reuters reported.
 
US District Judge George Daniels in Manhattan said he was “constitutionally restrained” from finding that the IEA was Afghanistan’s legitimate government, a precursor for attaching assets belonging to Da Afghanistan Bank, or DAB.
 
Daniels said letting victims seize those assets would amount to a ruling that the IEA are Afghanistan’s legitimate government.
 
He said US courts lack power to reach that conclusion, noting that the Biden administration does not recognize the IEA as Afghanistan’s government, read the report.
 
“The judgment creditors are entitled to collect on their default judgments and be made whole for the worst terrorist attack in our nation’s history, but they cannot do so with the funds of the central bank of Afghanistan,” Daniels wrote.
 
“The Taliban [Islamic Emirate of Afghanistan] – not the former Islamic Republic of Afghanistan or the Afghan people – must pay for the IEA’s liability in the 9/11 attacks,” he added.
 
Nearly 3,000 people died on Sept. 11, 2001, when planes were flown into New York’s World Trade Center, the Pentagon in northern Virginia, and a Pennsylvania field.

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Uzbekistan’s humanitarian aid arrives in Balkh

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(Last Updated On: April 25, 2024)

A shipment of humanitarian aid from Uzbekistan was handed over on Thursday to the local officials of Balkh province in the trade port of Hairatan.

Local authorities said the aid, which includes flour, oil, wheat, sugar and meat, has been handed over by Uzbekistan’s Surkhandarya governor to the governor of Balkh.

The governor of Surkhandarya stated the purpose of sending this aid was to support the people of Afghanistan and stressed the need for the development of good relations between the two countries.

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Afghanistan’s problems caused more damage to Pakistan than 3 wars with India: Durrani

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(Last Updated On: April 25, 2024)

Islamabad’s special envoy for Afghanistan Asif Durrani said on Wednesday that Pakistan has suffered more due to Afghanistan’s internal situation than Pakistan has suffered in three wars with India in terms of blood spilt and finances drained.

Durrani said at a one-day International Conference titled “Pakistan in the Emerging Geopolitical Landscape”, which was organized by the Institute of Strategic Studies Islamabad (ISSI) and the German Friedrich Ebert Stiftung (FES), that over 80,000 Pakistanis died in the two decades of the War on Terror and that his country was still counting its dead and injured.

“After the withdrawal of NATO forces, it was hoped that peace in Afghanistan would bring peace to the region. However, such expectations were short-lived,” he said.

He also stated that attacks by the Tehreek-e-Taliban Pakistan (TTP) militant group on Pakistan’s border areas increased by 65 percent, while suicide attacks increased by 500 percent.

“The TTP’s enhanced attacks on Pakistan while using Afghan soil have been a serious concern for Pakistan. Another worrying aspect is the participation of Afghan nationals in these attacks,” he said.

Durrani also said Pakistan had suffered geopolitically since the Soviet Union invaded the neighboring country.

“The post-9/11 world order has negatively impacted Pakistan. Apart from losing 80,000 citizens’ lives, including 8,000 law enforcement agency personnel, the country’s economic opportunity cost is estimated at $150 billion,” Durrani said.

Talking about the future outlook for Pakistan in the regional context, Durrani said that while “our eastern neighbor is likely to continue with its anti-Pakistan pursuits, the western border poses an avoidable irritant in the short to medium term.”

However, he said Pakistan can overcome its difficulties with Afghanistan, including the TTP challenge.

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Afghanistan now a ‘nexus for diplomatic endeavors’, says IEA

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(Last Updated On: April 25, 2024)

In the wake of dozens of meetings between high-ranking Islamic Emirate officials and visiting officials from foreign countries, and other diplomatic advances, the IEA said on Thursday that in the current geopolitical landscape, Kabul now “serves as a nexus for diplomatic endeavors and political deliberations pertaining to global affairs”.

In a series of posts on X, the IEA’s spokesman Zabihullah Mujahid said diplomatic missions and political delegations from various nations, including Russia, Malaysia, Kazakhstan, Turkmenistan, the European Union, and others, “are evident in the capital, highlighting its strategic importance in fostering Islamic cooperation”.

He said: “Recently, the honorable Minister of Transport of the Islamic Emirate, Mr. Hamidullah Akhundzada, led a significant delegation to Termez, Uzbekistan, for essential discussions aimed at enhancing bilateral relations.

“These discussions encompass a wide range of topics, from trade facilitation to security assurances, indicating a focused effort by the Islamic Emirate to strengthen and broaden its international engagements, thereby ensuring sustained development and stability.

“These initiatives, characterized by diligence and effectiveness, underscore Afghanistan’s enduring commitment to diplomatic engagement and its pivotal role in regional and global affairs,” he said.

Mujahid added that these initiatives “also emphasize the vital connection between diplomatic efforts and economic prosperity, promising favorable outcomes for Afghanistan’s socio-economic landscape.”

He pointed out that despite ongoing challenges, Afghanistan “remains steadfast in its pursuit of prosperity and resilience, defying pessimistic projections and charting a course towards political and economic renewal.”

He said: “Continued efforts are essential to fostering inclusive growth and impactful initiatives, thus advancing Afghanistan’s journey towards sustainable development and increased influence on the global stage.”

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