Yemen takes part in FTIC [Archives:2005/843/Local News]

The Funding of Trade and Investment Conference (FTIC) in the Middle East and North Africa was wraped up today with the participation of a number of Arab countries.

Yemen, represented by a team including a number of government officials and private sector and bank representatives, took part in the conference.

The conference discussed the possibility of providing more funds to boost trade and economic development in the Middle East countries and North Africa.

It also discussed the provision of funds for a number of investment projects in the sectors of agriculture, telecommunication, oil, water, gas, transportation and information technology.

Yemen presented a work paper in which discussed the investment opportunities available for investors according to the investment law.

As many as 400 political and economic figures from the Middle East, North Africa and the 8-country group took part in the conference.

The conference is being staged in the framework of the activities recommended by the summit of the 8-country group held last year in the United States of America.
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