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For Afghanistan’s development, international community must lift sanctions: MoE

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The Ministry of Economy (MoE) says the country’s ongoing economic crisis is due to continued economic and banking sanctions and the freezing of Afghanistan’s foreign reserves.

According to MoE officials, although basic economic projects have not been implemented in Afghanistan in the past two decades, the Islamic Emirate is trying to use all the facilities it has to solve the country’s economic problems.

“In the past year and a half, the economic problems that Afghanistan has had, some are internal and some are external factors,” said Abdulrahman Habib, the economy ministry’s spokesperson.

“The freezing of the country’s national assets and the sanctions imposed on our financial and banking system have directly affected domestic and foreign business activities.”

Members of the private sector meanwhile have also criticized the continuation of global sanctions on Afghanistan, saying that if the banking sanctions are lifted and the frozen funds are released, the economy will improve.

“Their conditions [external investors] for investment are insurance issues, international transactions, and some laws that in light of these issues they can come to the country and invest,” said Shirbaz Kaminzadeh, the head of the Afghan Chamber of Industries and Mines.

“When the framework is not ready for investors, I don’t think big companies will come [to Afghanistan for investment],” he added.

Economic experts also consider the pressure and sanctions imposed by the international community as the cause of the current crisis in Afghanistan and add that if the country’s banking sector is freed from sanctions, Afghan investors will work towards resolving the country’s economic problems.

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Afghanistan’s first aluminum can factory launched in Herat with $120 million investment

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.

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Afghanistan’s first aluminum can manufacturing plant was officially launched on Thursday in Herat province, marking a significant step toward industrial development and economic self-reliance.

Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs, laid the foundation stone of the “Pamir” aluminum can production company at the industrial parks of Herat on Thursday.

According to officials, the Pamir factory is the first of its kind in Afghanistan and is being established with an investment of $120 million. The project will be built on 16 jeribs of land within Herat’s industrial zones.

Once completed, the factory is expected to create employment opportunities for around 1,700 Afghan citizens. Officials say the project will play a key role in boosting domestic production, reducing reliance on imports, and strengthening the national economy.

Authorities described the launch of the project as a clear sign of growing investment in the industrial sector and ongoing efforts to promote economic self-sufficiency in the country.

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Medvedev: IEA posed less threat to Russia than western-backed groups

He added that such organisations have consistently pursued one objective: “to break apart the multiethnic people of Russia.”

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Russia’s Deputy Chairman of the Security Council, Dmitry Medvedev, has said that the Islamic Emirate of Afghanistan (IEA) caused less harm to Russia than Western-backed civic organisations that, he claims, sought to undermine the country’s unity.

In an article published in the Russian journal Rodina, Medvedev wrote that while the IEA had long been designated as a terrorist organisation, its actions did not inflict the same level of damage on Russia as what he described as Western-supported institutions operating under the banner of academic or humanitarian work.

“Let us be honest: the Taliban (IEA) movement, long listed as a terrorist organisation, has caused modern Russia far less damage than all those pseudo-scientific institutions whose aim is to dismantle our country under the guise of aiding the oppressed,” Medvedev stated.

He added that such organisations have consistently pursued one objective: “to break apart the multiethnic people of Russia.”

Medvedev’s remarks come amid a shift in Russia’s official stance toward Afghanistan. In April, Russia’s Supreme Court suspended the ban on the Islamic Emirate of Afghanistan, which had previously been included on the country’s list of terrorist organisations.

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U.S. National Guard shooting suspect faces new charges, possible death penalty

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The Afghan national accused of shooting two U.S. National Guard members in Washington, D.C., is facing new federal charges that could allow prosecutors to seek the death penalty, authorities said.

The U.S. Attorney’s Office for the District of Columbia announced that Rahmanullah Lakanwal has been charged with transporting a firearm and a stolen weapon in interstate commerce with intent to commit a serious crime, Fox News reported on Wednesday. One Guard member, 20-year-old Sarah Beckstrom, was killed in the November 26 attack, while Andrew Wolfe was seriously injured.

U.S. Attorney Jeanine Pirro said moving the case from Superior Court to federal court allows for a careful review of whether the death penalty is warranted. She noted the impact on Beckstrom’s family and said Wolfe faces a lengthy recovery.

Lakanwal remains charged under D.C. law with first-degree murder while armed, assault with intent to kill and multiple firearms offenses. An FBI affidavit states the revolver used in the shooting was stolen from a Seattle home in May 2023 and later given to Lakanwal in Washington state, where he also purchased additional ammunition.

Investigators say Lakanwal searched locations in Washington, D.C., including the White House, shortly after buying the ammunition. The shooting occurred near the White House on November 26, according to court records.

 

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