U.S. plans to free half of $7 billion in frozen Afghan funds for aid


FILE PHOTO: An Afghan salesman waits for customers in the center of Kabul, Afghanistan December 5, 2021. REUTERS/Ali Khara/File Photo

WASHINGTON (Reuters) - The United States is seeking to free up half of the $7 billion in frozen Afghan central bank assets on U.S. soil to help the Afghan people while holding the rest to possibly satisfy terrorism-related lawsuits against the Taliban, the White House said on Friday.

President Joe Biden signed an executive order to deal with the threat of an economic collapse in Afghanistan, setting wheels in motion for a complex resolution of competing interests in the Afghan assets.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Hungary opposition leader flags possible illicit video release ahead of election
Trump revokes basis of US climate regulation, ends vehicle emission standards
Bangladesh's BNP wins historic parliamentary election
Bangladesh's BNP wins parliamentary election
Italy's Lollobrigida wins second gold at Milan-Cortina Games in women's 5,000m speed skating (updated)
China's teenage debutant Tai confident of better performance at next Olympics
Urgent: Trump announces repeal of key finding underpinning U.S. climate regulations
76th Berlinale film festival opens, several Chinese films set to screen
NATO states pledge hundreds of millions for Ukraine weapons push, Rutte says
T�rkiye, Serbia pledge to strengthen economic ties

Others Also Read