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Hundreds protest in Kabul against US decision on Afghan assets

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Hundreds of people demonstrated in Kabul on Saturday against the United States’ decision to transfer $3.5 billion of the country’s frozen foreign reserves to a Swiss fund.

The protesters, who gathered in front of the former Afghanistan Human Rights Commission office, chanted anti-US slogans as they blamed the United States for the ongoing humanitarian and economic crisis in Afghanistan.

They called on human rights organizations to press the US to release Afghan assets.

“The $9 billion frozen assets belong to Afghanistan and it should be handed over to Afghanistan,” said Mudasir, a protester.

“By freezing the $9 billion assets, the US is killing the Afghan children economically,” said Lal Aqa Amiri, a protester.

On Wednesday, Washington announced it would transfer $3.5 billion in Afghan central bank assets into a new trust fund in Switzerland.

The Islamic Emirate of Afghanistan (IEA) condemned the move as being against international norms.

Meanwhile, China said on Thursday that the US-blocked Afghan foreign reserves should be returned immediately so that Afghanistan could utilize the money independently.

“The frozen assets are life-saving money of Afghan people, which should be returned immediately, disposed of by Afghanistan independently, and used for the improvement of the livelihood and peaceful reconstruction,” Chinese Foreign Ministry spokesperson, Mao Ning, said.

Russia also condemned washington’s decision.

“We consider this step to contradict International Law and violate the sovereignty of the foreign state. The people of Afghanistan have the right to independently command assets belonging to them without any external control,” Russian embassy in Washington said on Thursday.

It added that such actions by the United States, “no matter which humanitarian mottos it uses as a smokescreen, will only exacerbate misery of the Afghan people.”

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Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity

Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.

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Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.

The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.

Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.

He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.

Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.

He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.

He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.

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Mahirood Customs leads Iran’s exports to Afghanistan

More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.

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Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.

South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.

More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.

Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.

He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.

Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.

He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.

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Afghanistan, India discuss expanding investment opportunities

Officials said the proposed investments could contribute significantly to job creation, the transfer of technical skills, and the broader growth of Afghanistan’s economy.

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Abdul Mateen Saeed, Deputy Minister for Customs and Revenue at Afghanistan’s Ministry of Finance, has held talks with a delegation of Indian investors on potential investment opportunities in the country.

In a statement, the Ministry of Finance said Saeed highlighted the Islamic Emirate of Afghanistan’s recent measures to facilitate trade and investment, noting that additional incentives for traders and industrialists are also being developed.

He emphasized that bilateral relations between Afghanistan and India—particularly in trade and investment—are gradually strengthening.

The Indian investors expressed readiness to invest in several priority sectors, including the manufacture of medicines for human, agricultural and veterinary use, the introduction of modern technologies in agriculture and mining, and the implementation of capacity-building programs for Afghan professionals.

Officials said the proposed investments could contribute significantly to job creation, the transfer of technical skills, and the broader growth of Afghanistan’s economy.

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