Expatriates conference recommends investment encouragement [Archives:2002/39/Business & Economy]

YEMEN TIMES STAFF
The Yemeni Expatriates 2nd conference has recommended the importance of finishing the first stage of establishing and operating of an information system on expatriates affiliated to the Expatriates Ministry and the completion of the remaining phases of the project. It has also recommended speeding up studies and procedures pertaining to the project of comprehensive field survey of Yemeni expatriates.
On conclusion of its meetings last Wednesday, the conference also emphasized the significance of entering communication media and modern technology in care rendered to expatriates and their affairs to be associated with organizations and communities.
The conference has also recommended speeding up work on preparing and issuing the executive bill of the law on expatriates care and the development of capabilities of the Expatriates Affairs Ministry as well as Yemeni expatriates bodies and societies abroad. The conference called the Interior Ministry for extending a modern services network, the civic register and dispensing passports to Yemeni expatriates in the countries where they live.
The conference stressed the necessity of activating the cabinet decision on granting priority to sons of the expatriates in having jobs at the Yemeni embassies and also opening certain offices for communities at the embassies buildings. Regarding social securities the conference confirmed the necessity of completing required legal procedures for the expatriates benefit from services of social securities, recommending that he ministry of expatriates prepares studies concerning the establishment of Expatriate Care Fund.
As for education and qualification, the conference asked the competent authorities to prepare and conclude bilateral agreements with countries where the expatriates live guaranteeing the expatriates sons’ continuation of their education at different stages and giving priority to expatriates son in university scholarships allotted for Yemen. It has also recommended that the Ministry of Expatriates should coordinate with concerned sides on organizing programs for training and qualification and upgrading capabilities of expatriates.
As regards development and investment the conferees recommended that the ministry, in coordination with concerned parties, work for providing all data and studies on investment projects and taking all means of discipline regarding problems, cases and disputes that may occur in investment transactions. The conferees have also requested the ministry of expatriate affairs to complete studies and procedures for setting up the Expatriates Bank project and also recommended that the government study the possibility of establishing a stock exchange market in Yemen and giving publicity on it among the expatriates.
The conferees confirmed that programs transmitted by the Yemeni Satellite TV Channel should cover all the countries where the expatriates live and recommended the production of educational and cultural programs specially beamed to communities abroad in addition to tourist, cultural and investment programs
 

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