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Over 410,000 Chinese netizens sign letter urging US to return Afghan assets

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More than 410,000 Chinese netizens have signed a joint letter by China’s Global Times newspaper urging the United States to return assets in full to Afghans immediately and unconditionally.

This comes after US President Joe Biden moved to divert $7 billion in frozen Afghan assets for humanitarian assistance and to the families of 9/11 victims.

China has repeatedly slammed US over its actions on the Afghan assets.

“Returning other people’s money in full is not a virtue of generosity, but a matter of course. Paying back half and deducting half of other people’s money is not gifting, but stealing,” China’s UN envoy, Zhang Jun, said at a UN Security Council on Wednesday.

“This is the simplest truth. What the US did is neither legal nor reasonable nor humane,” Zhang said, calling on the relevant countries to immediately and unconditionally return these assets to Afghans in full.

The diplomat said that the US’ act is a breach of Afghanistan’s national sovereignty and property, and is a serious contravention of international law.

Afghanistan is at a crucial stage of reconstruction, which is working hard to improve its political structure, restore order in production and life, and actively conduct foreign exchanges and cooperation, Zhang said.

The international community should actively inject liquidity into Afghanistan, help the country restore its domestic market and economic system, reintegrate into regional and international economic cooperation, and embark on the path of peaceful development, Zhang said, adding any economic blockade or unilateral sanctions against Afghanistan should be stopped immediately.

He called on the international community to continue to adhere to the Afghan-led and Afghan-owned principle, enhance engagement with them through an equitable, rational and pragmatic approach.

Afghanistan can gradually achieve lasting peace and stability, eliminate the breeding ground of terrorism, and Afghan women and children achieve better development only in this way, according to Zhang.

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Afghani strengthens nearly 10% against US dollar amid banking sector reforms

The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.

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Afghanistan’s central bank, Da Afghanistan Bank, says the national currency has appreciated by 9.93% against the US dollar during the year 1404, citing steady progress in the country’s financial and banking systems.

Officials attributed the gains to cautious monetary policies that have helped stabilise the Afghani against major global currencies while also boosting its value against the dollar.

The bank said it has expanded oversight of financial institutions and private lenders, improving transparency and promoting more consistent standards across the sector.

As part of efforts to better manage liquidity, authorities also collected and destroyed worn-out banknotes in circulation. At the same time, officials reported growth in electronic banking, with digital payment usage rising in recent months.

Central bank spokesperson Haseebullah Noori said initiatives are underway to broaden access to banking services nationwide, including the wider rollout of Islamic banking options.

Analysts welcomed the stabilisation efforts but stressed the need to address ongoing challenges facing domestic banks, including the impact of international financial sanctions on Afghanistan.

They added that expanding Islamic banking could help draw more savings into the formal financial system, noting that a significant share of personal wealth remains outside banks. Bringing those funds into the sector, they said, could inject billions of Afghanis into the economy and further support financial stability.

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Uzbekistan delivers over 290 tons of aid to Afghanistan

The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.

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Uzbekistan has delivered more than 290 tons of humanitarian aid to Afghanistan, according to the country’s Ministry of Foreign Affairs.

The assistance, provided ahead of Eid al-Fitr, is intended to support vulnerable communities while reinforcing ties between the neighboring countries.

The shipment includes essential food supplies such as flour, rice, wheat, vegetable oil, instant meals, pasta, and confectionery. An official handover ceremony was held in the border town of Hairatan.

Local officials, including Balkh province representatives and authorities from Hairatan, expressed appreciation for the continued support, acknowledging Uzbekistan’s efforts to assist the Afghan people.

Among those present at the ceremony were Uzbekistan’s Ambassador to Afghanistan, Oybek Usmanov, and Surkhandarya regional governor Ulugbek Kosimov.

The aid delivery underscores Uzbekistan’s ongoing humanitarian engagement and its broader efforts to promote regional cooperation and stability.

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Turkmenistan, Afghanistan discuss steps to speed up land acquisition for TAPI pipeline

By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.

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Officials from Turkmenistan and Afghanistan have held talks aimed at accelerating land acquisition for the long-planned Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline, according to Afghanistan’s Ministry of Agriculture, Irrigation, and Livestock.

The issue was discussed during a meeting between TAPI project head Murad Amanov, Afghanistan’s acting Minister of Agriculture, Irrigation, and Livestock Mullah Attaullah Omari, and Turkmenistan’s ambassador to Afghanistan Hoja Ovezov.

Amanov briefed Afghan officials on recent progress and emphasized the need to accelerate procedures related to land acquisition and the determination of land prices in line with the framework agreement signed by the four participating countries.

Meanwhile, vessels operated by the Azerbaijan Caspian Shipping Company (ASCO), part of AZCON Holding, have begun transporting pipes for the project. The shipments are being carried from the Port of Baku to the Turkmenbashi International Seaport.

By the end of the year, the vessels are expected to deliver about 11,700 pipes as part of preparations for construction of the TAPI pipeline.

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