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Economists have vehemently opposed Washington’s decision to establish the Afghan Fund and transfer $3.5 billion of Afghanistan’s frozen assets into a Swiss account. The economists said Monday the people appointed to manage the fund do not have the expertise to do so and collectively called for Afghanistan foreign reserves to be returned to the country.
A New York court has denied the request to compensate 9/11 victims from Afghanistan's frozen foreign reserves. However, the decision is still under review.
A New York court has denied the request to compensate 9/11 victims from Afghanistan's frozen foreign reserves. However, the decision is still under review.
Wang Wenbin, China’s Foreign Ministry spokesperson, said Friday the freezing of $7 billion of Afghanistan’s foreign reserves has caused the economic crisis in Afghanistan to intensify, and that Beijing sees the continued blocking of these assets as “unjustifiable”. "The freezing of seven billion dollars in assets of the Central Bank of Afghanistan has played a
The Ministry of Transport and Civil Aviation signed a contract for Aviation Security Services for four Afghan airports with the UAE’s GAAC company.