ADD ANI AS A TRUSTED SOURCE
googleads
Menu
US

Biden signs executive order to preserve certain Afghanistan central bank assets: Blinken

Washington [US], February 12 (ANI): As Afghanistan faces a worsening humanitarian and economic crisis, US President Joe Biden on Friday (local time) signed an Executive Order as part of an effort to set aside USD 3.5 billion in Afghan central bank assets for the benefit of the Afghan people.

ANI Feb 12, 2022 10:53 IST googleads

US President Joe Biden (Photo Credit: Reuters)

Washington [US], February 12 (ANI): As Afghanistan faces a worsening humanitarian and economic crisis, US President Joe Biden on Friday (local time) signed an Executive Order as part of an effort to set aside USD 3.5 billion in Afghan central bank assets for the benefit of the Afghan people.
In a statement, US Secretary of State Antony Blinken said, "the people of Afghanistan face enormous challenges: an economic crisis born of decades of dependence on international aid, severe drought, COVID-19, and endemic corruption."
The statement said that the US also recognize that victims of terrorism, including of the September 11 terrorist attacks, have brought claims against the Taliban and are pursuing the central bank's remaining assets in federal court.
"This Administration will continue to support these victims and their families, recognizing the enduring pain they have suffered at the hands of terrorists, including those who operated from Afghanistan prior to the September 11 attacks. These victims and their families should have a full opportunity to set forth their arguments in court," the statement added.
The statement said that Afghanistan's economic challenges were exacerbated when the Taliban decided to take the country by force rather than through a negotiated settlement. "But America's ties to the people of Afghanistan, built during two decades of working side-by-side, are steadfast and enduring," the statement added.
The Taliban took over Afghanistan after entering Kabul in August 2021, leading to the collapse of the Ashraf Ghani led government and mass evacuations.
A combination of a suspension of foreign aid, the freezing of Afghan government assets, and international sanctions on the Taliban, have plunged the country, already suffering from high poverty levels, into a full-blown economic crisis. (ANI)

Get the App

What to Read Next

US

Trump describes Michigan synagogue attack as "terrible"

Trump describes Michigan synagogue attack as

Speaking at a Women's History Month event at the White House, the US president said he had been fully briefed on the situation and described the incident as "terrible."

Read More
Asia

India consistently supported Maldives in crisis: Mohamed Nasheed

India consistently supported Maldives in crisis: Mohamed Nasheed

He highlighted India's role as a "first responder" for the Maldives, emphasising that India's support during critical periods has been fundamental to the stability and security of the island nation.

Read More
US

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

Ending Iran's nuclear ambitions over oil profits: Trump clarifies

In a post by the White House, President Trump, while acknowledging that the United States is currently the world's leading oil producer and stands to benefit financially from higher crude prices, emphasised that his administration's overriding mission remains the permanent dismantling of Iran's nuclear program.

Read More
Middle East

"Blocking Strait of Hormuz must continue," says Ayatollah Mojtaba

In his first address to the Iranian people. Ayatollah Mojtaba Khamenei called for the continued blockade of the Strait of Hormuz, a move that will raise tensions.

Read More
Asia

"India strongly condemns attacks on merchant ships...": MEA

Speaking during the weekly press briefing, Ministry of External Affairs spokesperson Randhir Jaiswal said India opposes attacks on merchant shipping "from any quarters" and confirmed that several Indian nationals have been affected in recent incidents.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.