Connect with us

Latest News

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

Published

on

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.

Latest News

Afghanistan received more than $11 billion in humanitarian aid over the past five years

Published

on

Afghanistan has received more than $11 billion in humanitarian assistance since the Islamic Emirate returned to power in August 2021, according to United Nations figures cited by the BBC.

Despite the substantial aid, the gap between humanitarian needs and available funding remains wide, with the United Nations warning that millions of Afghans continue to require assistance.

The decline in international funding, a growing number of people in need and the return of millions of Afghan migrants from neighboring countries have added pressure to the country’s humanitarian situation.

Afghanistan’s humanitarian crisis deepened following the collapse of the previous government in August 2021. The depreciation of the national currency, the loss of hundreds of thousands of jobs and reductions in some international support programs further strained the economy and living conditions.

UN data shows that Afghanistan received about $5.2 billion in humanitarian assistance in 2021, followed by around $3.8 billion in 2022 and nearly $2 billion in 2023.

For 2024 and 2025, the United Nations appealed for more than $3 billion to address humanitarian needs in Afghanistan. However, funding fell short of the amounts requested.

The assistance has largely been directed toward food, healthcare, support for returnees and other urgent humanitarian needs.

The United Nations continues to classify Afghanistan as one of the world’s largest humanitarian crises, stressing that sustained international support remains essential for millions of Afghans who continue to need assistance.

Continue Reading

Latest News

Afghanistan expresses condolences over deadly Indonesia earthquake

Published

on

The Islamic Emirate of Afghanistan (IEA) has expressed deep sorrow over a powerful earthquake that struck eastern Indonesia, killing at least 53 people and forcing around 5,000 others to evacuate.

A magnitude-7.7 earthquake struck Flores Island and surrounding areas on Saturday, blocking roads and triggering landslides, Indonesian authorities said.

In a statement, Afghanistan’s Ministry of Foreign Affairs conveyed its sympathy and condolences to the government and people of Indonesia over the casualties caused by the earthquake.

It also wished a speedy recovery to those injured in the incident.

 

Continue Reading

Latest News

Afghan commerce minister meets Uzbek deputy prime minister in Termez

Published

on

Afghanistan’s Minister of Industry and Commerce, Nooruddin Azizi, met with Uzbekistan’s Deputy Prime Minister Jamshed Khojaev in the city of Termez to discuss expanding economic cooperation and joint investment.

The meeting, held on Saturday at the Termez Trade Center, focused on cooperation in the electricity, mining and agriculture sectors, Afghanistan’s Ministry of Industry and Commerce said in a statement.

Uzbek officials expressed interest in investing in various sectors in Afghanistan. The Afghan delegation welcomed the interest and emphasized its readiness to create the necessary conditions for expanding economic cooperation and joint investment.

Mohammad Yousuf Wafa, governor of Balkh, and Abdul Ghaffar Bahr, Afghanistan’s ambassador to Tashkent, also attended the meeting.

 

Continue Reading

Trending

Copyright © 2026 Ariana News. All rights reserved!