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US court to make final decision on use of Afghanistan’s frozen assets
The White House said Tuesday that a court will make the final decision on Afghanistan Central Bank’s assets that US President Joe Biden ordered be partly used to compensate the victims of the 9/11 terrorist attack.
Addressing a press conference on Tuesday, White House Spokesperson Jen Psaki said that no funds can be transferred until the courts make a ruling.
Defending Biden’s decision, Psaki stated that the president was trying to pave the way for some of the funds to be used for humanitarian purposes in Afghanistan.
“What the president was trying to do was enable certain US-based assets belonging to Afghanistan’s central bank to be used to benefit the Afghan people,” said Psaki, adding “otherwise it would have been held — right? — and that money wouldn’t have been going.”
“And so, that’s why we saw — and he took a proactive step to facilitate access to $3.5 billion of those assets for the benefit of the Afghan people and Afghanistan’s future.”
“As you know, many US victims of terrorism, including the relatives of victims who died in the September 11 terrorist attacks have brought claims against the Taliban (Islamic Emirate of Afghanistan) and are pursuing these assets in federal court,” she said.
Psaki added that more than $3.5 billion in assets are going to remain in the United States and are subject to the ongoing litigation.
“What I think it’s important for people to know and understand is he took this proactive step to sign the executive order in an effort to try to provide some of this funding to the Afghan people,” she said.
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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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