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Muttaqi hopeful that US will release frozen assets as ‘talks continue’
Afghanistan’s Foreign Minister Amir Khan Muttaqi said Thursday talks with the United States over the frozen assets are ongoing and that he is hopeful the White House will release the country’s foreign reserves in the near future.
He said both Washington and Kabul remained in contact with each other over the issue and over issues relating to the banking and financial sectors.
According to Muttaqi, talks have focused on the facilitation of improving the banking sector, on lifting sanctions and on improving political relations.
He said talks also focused on the need to lift banking restrictions in order to ease processes for Afghan businesses.
He also said the US might consider releasing $3.5 billion of Afghanistan’s foreign reserves but with conditions attached.
However, White House press secretary Karine Jean-Pierre said Washington continues to call for Afghanistan’s new rulers to respect human rights and basic freedoms of Afghan citizens, including women and girls.
“We will continue to pressure the Taliban (IEA) for the safe release of Mark Frerichs and respect for human rights. We prioritize the basic freedoms of all Afghans, including women and girls, in access to work and education, and this is our commitment to the people of Afghanistan,” said Jean-Pierre.
After the takeover of the Islamic Emirate in August 2021, the US froze $7 billion of Afghanistan’s assets.
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Afghanistan signs 30-year deal for marble mining in Daikundi
The Ministry of Mines and Petroleum of Afghanistan has signed a 30-year agreement with a private company to extract marble in Daikundi province.
Under the contract, the company will invest AFN 283 million in exploring and mining marble at the “Mesh-Uliya” site, spanning 16.74 square kilometers in central Daikundi.
Hedayatullah Badri, Minister of Mines and Petroleum, stated that the marble will be processed domestically before being exported abroad. He added that the Mesh-Uliya project is expected to create around 200 jobs, and the company is committed to supporting local communities through social initiatives.
Economic experts highlight that such investments, especially those focusing on domestic processing, are crucial for job creation, boosting exports, and strengthening the national economy. Analysts further note that the project will improve local infrastructure, expand social services, and enhance the economic and social well-being of Daikundi residents.
Since the return of the Islamic Emirate to power, efforts to develop Afghanistan’s mining sector have intensified, with multiple contracts signed in areas including cement, copper, iron, and lapis lazuli, involving both domestic and international companies.
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Passenger bus veers off Salang Highway, leaving 5 dead, dozens injured
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Major fire in Mandawi Kabul market contained, extensive losses prevented
Local shopkeepers said the fire broke out around 4 a.m.
The Ministry of Interior reported that personnel from the General Directorate of Firefighting and Emergency Response successfully prevented the further spread of a fire at Mandawi market on Kabul early Sunday morning.
Abdul Mateen Qani, spokesperson for the ministry, said that the fire destroyed 10 storage facilities and 8 shops. He added that initial losses are estimated at around $700,000, but timely action by firefighting personnel saved property worth approximately $2.2 million.
Qani explained that the fire was caused by an electrical short circuit. He praised the rapid and effective containment operations, which prevented more extensive damage.
Local shopkeepers said the fire broke out around 4 a.m.
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