Yemeni-American Businessmen Council to establish [Archives:2003/650/Business & Economy]

Mahyoub Al-Kamaly
A meeting convened last week by members of the board of directors of the Sana'a Chamber of Commerce and Industry with director of American Government Relations office Ms. Ellen Levinson came out with an agreement on establishment of '' Yemeni-American Businessmen Council '' organization. The Council aims at enhancing relations of understanding and partnership an providing an open investment atmosphere. Its aim is also to prepare circumstances suitable for the increase of the volume of trade exchange and development of bilateral cooperation areas.
The meeting had discussed ways and means of activating issues related to role of the private sector and encouragement of investment in Yemen through promotional programs beamed at American investors.
This understanding comes under circumstances of a tangible growth in the Yemeni-American relations and the American Agency for Development resumption of its activity in Yemen particularly in the field of fighting poverty and implementation of charitable works.
On the other hand, an agreement organizing economic and technical cooperation between Yemen and the United States was recently signed at the ministry of Planning and International Cooperation. Deputy premier, the minister of Planning and International Cooperation Ahmed Soufan commented on the agreement saying that signing the agreement and its coinciding with resumption of the activity of the American Agency for Development in Yemen would open new broad horizons for cooperation between the two friendly countries to include various economic, cultural and technical areas.
The American ambassador to Yemen Edmund Hull said on his part that his government was committed to expanding horizons of cooperation and supporting Yemen in various sectors. His government was also committed to developing a group of programs aimed at raising the level of agricultural production, evolving skills of students in computer and combating illiteracy among women.
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