City
Epaper

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

By ANI | Updated: February 12, 2022 11:00 IST

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.

Open in App

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.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Anthony BlinkenAfghanistanKabulTalibanJoe BidenJoe bidensAfgTalibansBiden administrationJoseph bidenAnthony blinken
Open in App

Related Stories

International'Anybody Running for US President Should Take Cognitive Test': Donald Trump on Joe Biden's Cancer Diagnosis

International‘Deeply Concerned’: PM Modi Prays for Joe Biden’s Speedy Recovery from Prostate Cancer

Other SportsTaliban Bans Chess in Afghanistan, Calling It a Form of Gambling Under Sharia Law

International"I Wish To See His End": Former LeT Member Exposes Hafiz Saeed’s Deadly Agenda

InternationalEarthquake in Afghanistan: Quake of Magnitude 5.9 Strikes Hindu Kush Region; Tremors Felt in Delhi-NCR

International Realted Stories

InternationalIndian High Commission celebrates International Day of Yoga in Dhaka

International"Unjust war imposed on my people": Iran FM calls for international action at UN Human Rights Council

InternationalDrone fired from Iran hits residential building in Israel: IDF

InternationalSince 1971, India never accepted any outside mediation: Ex-Army chief V.P. Malik debunks Trump’s ceasefire claims

InternationalPakistan manipulates economic data to mislead international community amid economic collapse