The Yemeni-Saudi coordination committee continues in 2006 [Archives:2005/904/Business & Economy]

The Yemeni-Saudi Coordination Council preparatory committee is to resume its negotiations through a number of scheduled meetings throughout the first quarter of 2006 to discuss its cooperation agenda and draft agreements and memoranda of understanding to be signed by mid 2006 in Sana'a, the meetings would discuss a number of topics related to enhancement of security, economic and social relationships between the two neighborly countries.

These meetings were co-chaired by the Yemeni Premier Abdulqader Bajammal and the Saudi crown prince and minister of defense, prince Sultan Bin Abdulaziz.

So far, eleven agreements and memoranda of understanding had been signed by the conclusion of the 16th session of the Yemeni-Saudi Coordination Council held in Riyadh late in 2004, the latest of which was a loan of SR 75 million for funding the expansion project of the Social Fund for Development, and also grant of SR 50 million for providing supplies and operation costs of Aden Public Hospital.

Other previous memoranda includes an executive cooperation program in youth and sports, an executive program for postal cooperation, a memorandum of understanding on petroleum and minerals cooperation, an agreement of the transport of passenger and goods overland, an agreement on sea freight cooperation, an agreement on agricultural collaboration, in addition to several other agreements and memoranda in various areas of cooperation that are of mutual interest between the two countries.
——
[archive-e:904-v:14-y:2005-d:2005-12-19-p:b&e]