Economy News [Archives:2002/02/Business & Economy]

January 7 2002

10th Iranian Exhibition to be Held
The Iranian Embassy and the concerned bodies in the Ministry of Commerce and Industry are doing the groundwork for holding the 10th Iranian Products Exhibition with the aim of introducing the Iranian products to the Yemeni people in general and the Yemeni businessmen and merchants in particular.
Yemen-Iraq Custom Duties Cancelled
The Iraqi Commerce Minister, Dr. Mohammed Mahyoob Saleh has confirmed that the joint agreement signed between Yemen and Iraq focused on canceling custom duties, taxes and administrative restrictions. The two sides have agreed to promote the bilateral relations concerning augmenting the volume of trade exchange.
Social Fund & Ministry of Education Signed Agreement
The Social Fund and the Ministry of Education signed a joint agreement according to which the Social Fund is committed to financing 17 schools in the Capital Secretariat at the cost of USD 4.5.