New European markets for Yemeni products [Archives:2006/925/Business & Economy]
The Higher Council for Exports Development currently is studying opening new markets for Yemeni products in Eastern European countries. Council sources said the plan includes opening the new markets with competitive characteristic, adding that the idea came following the success of Yemeni products in external markets currently on demand. The council plan also includes qualifying 25 Yemeni export companies to export Yemeni goods to European Union countries.
The council is pondering several plans encouraging activities of added value to exports, such as industrializing fish, rawhides and some agricultural products and re-exporting them industrialized instead of as raw materials. Sources added that the council continually studies export-targeted external markets and circulates study results among Yemeni exporters, as well as offers them technical support to develop the capabilities of exporting firms, improve production quality and provide marketing information on external markets.
Council Secretary-General Nouman Al-Molsi said it has prepared working plans to develop the council's work and increase Yemeni exports abroad. He clarified that the council issues directories on agricultural products export activity, tackling problems facing their export, raising production and export capacities and conducting studies on neighboring external markets in Saudi Arabia, the Emirates, Oman, Bahrain and Qatar.
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