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IEA says US agreed not to give Afghan funds to charity organizations

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After Washington announced its plan to use half of $7 billion in frozen Afghan assets for humanitarian aid, the Islamic Emirate of Afghanistan said on Friday the US has agreed not to give it to charity organizations.

The agreement came during a meeting between IEA’s Acting Foreign Minister Amir Khan Muttaqi and US special envoy for Afghanistan, Thomas West, in Turkey.

“The two sides held detailed discussions on current political & economic situation in Afghanistan. Both sides agreed that the Afghan Central Bank’s USD $3.5 billion unfrozen assets from the US bank shall in no circumstances be given to charity organizations,” Hafiz Zia Ahmad, deputy spokesman for Afghanistan’s foreign ministry, said on Twitter.

During the meeting, the Afghan side underscored that the entire $7 billion should be unfrozen and given to the Afghan central bank as it belongs to the Afghan people, he said.

Muttaqi stated that seizing Afghan assets in any way would adversely affect relations between the two countries, the tweet read.

Last month, US President Joe Biden signed an executive order creating the possibility of splitting $7 billion in frozen Afghan funds held in the US, potentially allotting half for humanitarian aid to the country while keeping the other half available for victims of the 9/11 attacks.

Meanwhile, former Afghan President Hamid Karzai in his latest interview with China’s CCTV, said the US should hand over all Afghan assets to the Afghan central bank.

Afghanistan has been suffering from a severe economic crisis and US freezing of Afghan funds and sanctions is considered to be a major factor behind it.

“If the money is given to foreign organizations, it would not be spent on infrastructure in Afghanistan. It is better to give the money to the finance ministry or the central bank of Afghanistan so that it would be used in infrastructure programs,” said Mohammad Shabir Bashiri, an economic expert.

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Afghan and Iranian officials discuss expanding economic cooperation

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Ahmad Jan Bilal, General Director of State-Owned Corporations, met on Tuesday with Iran’s Ambassador to Kabul, Ali Reza Bikdeli, to discuss expanding bilateral economic cooperation and following up on issues raised during his recent visit to Iran.

According to a statement from the General Directorate of State-Owned Companies, the meeting focused on reviewing ways to implement discussions held with Iranian officials during Bilal’s visit.

Bikdeli described the visit as positive and productive, stressing the importance of following up on the issues discussed and taking practical steps to advance bilateral cooperation.

He said Iran is ready to cooperate with Afghanistan in oil and gas exploration, extraction and exports, refinery construction, agriculture, water and electricity.

Bilal, for his part, said the Islamic Emirate is interested in expanding joint cooperation with Iran in energy, agriculture, industrial development and other economic sectors. He added that his office would work with the Iranian side to turn the proposed areas of cooperation into practical initiatives.

Bilal also reaffirmed his office’s commitment to following up on the issues discussed during his recent visit to Iran and working towards their implementation in coordination with Iranian officials.

Bilal recently visited Iran at the head of a delegation, holding talks with several Iranian officials on expanding economic, trade and investment ties, particularly in the state-owned companies sector.

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Ariana Airlines reduces Kabul–Islamabad–Kabul airfares by $20

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Ariana Afghan Airlines announced on Tuesday a reduction in ticket prices for flights on the Kabul–Islamabad–Kabul route from $190 to $170.

According to the airline, passengers can now purchase tickets for this route at $20 less than the previous fare.

The airline has also set a special fare of $150 for students travelling on this route.

Ariana Afghan Airlines said the move aims to reduce travel costs and make air travel more affordable and accessible for passengers and students.

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Afghanistan and Russia discuss expanding economic ties and boosting bilateral trade

During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.

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Afghanistan’s Foreign Minister Amir Khan Muttaqi has met with Zamir Kabulov, Russian President’s Special Representative for Afghanistan, to discuss strengthening bilateral relations, expanding economic cooperation and increasing trade between the two countries.

During the meeting, Muttaqi stressed that Afghanistan and Russia should expand economic cooperation based on shared interests and mutual benefits.

Kabulov, meanwhile, praised the Islamic Emirate’s efforts to combat drug trafficking and cultivation, saying reports by some international organisations on the issue do not reflect the realities on the ground.

Muttaqi reiterated that the Islamic Emirate remains committed to combating drug cultivation, production and trafficking, describing these efforts as important for the security and stability of both Afghanistan and the wider region.

The meeting comes amid continued efforts by Kabul and Moscow to strengthen diplomatic and economic engagement and explore opportunities for broader bilateral cooperation.

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