Economists warn of impact from Somali pirating acts on Yemeni economy [Archives:2008/1184/Local News]

August 25 2008

Aqeel Al-Halali
For the Yemen Times

ADEN,Aug, 22 ) Yemeni economists warned that the Somali pirating acts that target international marine ships and commercial tankers in the international waters of the African Horn and Gulf of Aden will have a negative effect on the Yemeni economy, demanding that security measures should be taken to maintain “the national economic security.””

The Anti-Pirating Center of the International Navigation Office announced last Friday that Somali pirates seized a German cargo ship across from the Somali coast. This event came a day after two Japanese and Iranian ships were subjected to a pirating operation by armed Somalis.

Khalid Taha Mustafa