Yemen Signs Agreements with Algeria and Sudan [Archives:2002/06/Local News]

February 4 2002

The Yemeni-Algerian Joint Committee is expected to continue its meetings this week in Algeria.
They are expected to sign 17 agreements in different spheres. The committee held a meeting last week in Sana’a. The two sides signed two agreements according to which an Algerian loan to Yemen put at $ 25 million and Y 7,5 billion has been rescheduled. It will be repaid in 23 years with easy profits and provisions. The second agreement entails the avoidance of dual taxation.
On the other hand, the Yemeni-Sudanese Committee signed last week an agreement and protocols of cooperation covering different areas – fishing, education, and higher education, media, youth sports, documents, immigrants, business and others. The two sides also agreed to abolish the taxing fees between the two countries in 2004. It will be carried out step by step.
They also agreed to give facilities for the people to move easily in the two countries.