Saudi ArabiaBusiness & Economy
Vast prospects to be launched by the Saudi- Yemeni coordination council
Economic circles expect that the meeting of the Yemeni- Saudi coordination council will launch vast prospects before the trade exchange movement and the investment partnership between the businessmen of the two countries.
Economic and diplomatic sources representing the two sides stress that the border demarcation treaty recently signed in Jeddah has contributed to strengthening chances of economic cooperation.
The minister commissioner at the Yemeni embassy in al-Riyadh Muhammad Awad Ahmad said that the two countries represent a huge market for the private sector composed of 40 million inhabitants representing the total population number of the two countries.
Worthy mentioning that the Yemeni- Saudi coordination council, which is the highest commission for joint cooperation between the two states started on Tuesday a meeting which was the first since more than 13 years. Some 22 ministers representing the two sides are taking part in its deliberations to discuss various cooperation areas and to c-ordinate stances between al-Riyadh and Sanaa towards several issues debated on the Arab and international arenas.
