Wednesday, March 16, 2011

Yemen, US discuss economic cooperation

SANA'A, Mar 16, 2011- Yemen and the U.S. discussed here on Wednesday bilateral relations between the two countries ,especially in the economic area, and means of boosting them.

This came during a meeting gathered Finance Minister Nu'aman al-Suhaybi, the U.S. ambassador to Yemen Gerald Feierstein and the new Director of the U.S. Agency for International Development (USAID) Robert Wilson.

The two sides touched on the possibility of the U.S. help for Yemen developmentally and through urging the Group of Friends of Yemen and donor countries to increase the economic support to Yemen.

Finance Minister dealt with the current economic challenges and the actions being taken by the Yemeni government in order to achieve the financial and monetary stability through implementing a number of finance procedures. He valued the economic contributions presented by the U.S. government to Yemen.

For his part, the USAID's director reviewed the Agency's program and activities in Yemen for 2011 , which aimed to help Yemen developmentally. He dealt with what has been achieved by the agency's program in Pakistan , which its cost amounts to USD 1.5 billion, and the possibility of implementing the same program in Yemen.

Source: (Saba)

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