Yemen and the Netherlands Sign Memorandum of Understanding [Archives:2001/49/Business & Economy]

Yemen and the Netherlands signed on November 25, 2001, a memorandum of understanding regarding the fight against poverty and the fight against terrorism. The government of the Netherlands decided to substantially increase its regular bilateral development cooperation to Yemen ( at present Netherlands Guilder 82 million) by approximately 35 percent (NLG 28 million). As of January 2002, the annual available amount of regular bilateral development assistance grants will total NLG 110.7 million (50 million euro). Both parties agreed to utilize a substantial part of the additional assistance for expanding the scope of cooperation into the poorest governorates and districts. The majority of assistance has been directed to the Public Work Project and the Social Fund for Development. Moreover, the assistance includes US $22 million for phase II of the Social Fund for Development, US $10 million for the Public Work Project, in addition to the contribution of US $12 million signed in September 2001, and US $ 9 million for the basic education program to be carried out by UNICEF until 2006 in cooperation with the Ministry of Education and the Ministry of Planning and Development. Furthermore, the government of the Netherlands will also grant Yemen additional subsidies, including US $ 2.8 million for a US $11.5 million contract concerning the delivery of two tugboats and a training program for the Aden Harbor Authority, and a contribution of US $500,000 through the United Development Trust Fund for Humanitarian Mine Action in the Republic of Yemen. The agreement was signed by the Ambassador of the Netherlands, HE Mr. Bert J. Ronhaar and the Minster of Planning & Development, HE Mr. Ahmed Sudan.

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