Yemen seeks activate its external investment relations [Archives:2005/886/Business & Economy]

October 17 2005

Yemen is currently seeking to coordination with its embassies abroad and the chambers of commerce and industry inside in a manner leading to enhance Yemeni relations of trade cooperation with world countries. For this reason a meeting was held at the ministry of foreign affairs gathering chairmen and members of chambers of commerce and industry and the newly appointed ambassadors of Yemen to a number of Arab and friendly countries. The meeting included the exchange of viewpoints on mechanism of future work and coordination among the embassies and chambers of commerce in a way leading to enhancing relations of trade cooperation between Yemen and those countries, aiming at development of opportunities of foreign investment in Yemen.

The meeting is considered an introduction for forthcoming meetings grouping diplomatic work with commercial and economic activity the government seeks for the purpose of supporting multi opportunities of investment. The meeting also represents a good initiative of serious partnership between the government and the private sector with the aim of activating economic aspects with all friendly and sisterly countries.

The meting has come out with agreement on consolidating communication with chambers of commerce and Yemen's embassies abroad in various ways. The Yemeni ambassadors attending the meeting have promised to work for whatever that would enhance Yemen's commercial status and to promote investment opportunities in it and also to search for all that would boos cooperation abroad and the private sector has to implement commercial agreements and programs that would be concluded.