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U.S. moves to free $7 billion in Afghan assets to aid Afghan people, 9/11 victims
The U.S. government will take steps on Friday to free half of the $7 billion in frozen Afghan reserves held in the United States to aid the Afghan people without providing the Islamic Emirate of Afghanistan (IEA) access to the funds, sources familiar with the plan said.
A multi-step plan calls for the other half of the funds to remain in the United States, subject to ongoing litigation by U.S. victims of terrorism, including relatives of those who died in the Sept. 11, 2001, hijacking attacks, the sources said.
The moves come amid mounting pressure in Congress for the Biden administration to use the frozen Afghan reserves to address the dire economic crisis facing Afghanistan, where twitch suffering severe recession and liquidity crisis.
To move forward, President Joe Biden will sign an executive order on Friday that will block property of the Afghan central bank held in the United States by U.S. financial institutions, requiring the transfer of the funds into a consolidated account held at the Federal Reserve Bank of New York, the sources said.
The U.S. government will work to ensure access to $3.5 billion of those assets for "the benefit of the Afghan people and for Afghanistan’s future," said one of the sources, without providing details.
Decisions about the remaining funds need to be made by federal courts since some of the 9/11 families have writs of execution against the frozen assets, the sources said, adding that the plaintiffs would have a full opportunity to have their claims heard in court.
Eleven people have been killed in a shooting at a shrine in Afghanistan’s northern Baghlan province, local sources said on Friday.
The incident took place at 9 pm on Thursday at the shrine of Sayed Padsha Jan in Shahr-e-Kuhna of Nahrin district.
A local resident said the dead were residents of Nahrin district and wanted to spend the night at the shrine.
Asadullah Mustafa Hashemi, the provincial information and culture director, confirmed the incident but did not provide details on how it happened or the number of casualties.
Provincial police spokesman said they had not received any information about the incident yet.
Deputy Minister of Foreign Affairs of Turkmenistan Serdar Muhammetdurdiyev on Thursday met with Chinese special envoy for Afghanistan, Yue Xiaoyong, the Foreign Ministry of Turkmenistan announced.
During the meeting, the sides discussed priority vectors of strategic interstate cooperation built on a long-term, mutually beneficial basis, as well as exchanged views on the implementation of previously reached agreements.
It was noted that personal contacts between the leaders of the two countries play a key role in intensifying the interstate dialogue, which give a strong impulse to further development and expansion of Turkmen-Chinese ties.
It was emphasized that Turkmenistan considers multilateral international platforms for maintaining stability in Afghanistan as an important factor in promoting sustainable improvement of socio-economic state of the neighboring country. The sides exchanged views on the preparations to the 5th meeting of Foreign Ministers of Afghanistan's Neighboring States to be held in Turkmenistan.
The interlocutors reaffirmed that Turkmenistan and China will continue to provide all-round support for the economic restoration of Afghanistan.
The U.S. House Of Representatives has passed a legislation on evacuation of Afghans who assisted Americans during the 20-year war in Afghanistan.
“The passage of the CARE Authorization Act of 2024 further underscores the commitment made by the U.S. government to safeguard those who served shoulder-to-shoulder with our personnel during the twenty-year mission in Afghanistan,” Congresswoman Dina Titus said in a statement.
“The State Department has made it clear: There is no deadline for the crucial job of protecting Afghan allies. By authorizing the Coordinator for Afghan Relocation Efforts at the State Department, we can more effectively relocate and resettle those who have qualified to immigrate to the U.S. as a result of their service to this country.”
In 2022 the State Department established a specialized office called the Coordinator for Afghan Relocation Efforts (CARE) to streamline and coordinate the ongoing relocation and resettlement process for eligible Afghans from Afghanistan and Pakistan to the United States.
The CARE Authorization Act of 2024 will formally authorize the CARE office at the State Department for three years and grant important authorities to advance its mission. These include an extension of authorities to enter into personal services contracts as well as measures to streamline the transfer of funds to and from other agencies involved in the Afghan relocation mission.
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