Yemen, Czech sign cooperation agreement [Archives:2006/942/Local News]

SANA'A, April 29 ) Yemen and Czech Republic signed a 5-year development cooperation agreement between Saturday, under which Czech will fund Yemeni projects in areas of water, human development and electricity.

Yemeni Minister of Planning and International Cooperation Abdulkarim Al-Arhabi represented Yemen while signing the agreement with Czech Foreign Minister Peter Pethari during his three-day visit to Yemen.

Both sides discussed ties of mutual cooperation between the two friendly countries and how to further develop relations in political, economic, trade and investment areas.

Al-Arhabi stressed Yemen's interest to enhance its relations with Czech to help fulfill joint ambitions and interests. He pointed out the cooperation agreement reached with the Czech Government functions as a frame for organizing assistance and listing priority projects in different sectors to be implemented during the period 2006-2010, coinciding with the third five-year plan for development in Yemen.

In his turn, the Czech Foreign Minister showed his country's interest to strengthen its relations with Yemen in different political and economic areas, and activate relations of cooperation between private sectors in both countries and encourage Czech investors in initiate businesses in Yemen, particularly in the sectors of oil, gas, infrastructure, water and tourism.

Pethari ascertained that his government is ready to offer assistance to Yemen to develop human resources, as well as scholarships for Yemeni students to study in Czech. He declared his government would implement a water desalination project in the Yemeni Island of Socotra.
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