Arab welcome to the economic de-escalation agreement between the Yemeni government and the Houthis

Yemen – Jordan and the Gulf Cooperation Council welcomed, on Wednesday, the United Nations’ announcement of an agreement between the Yemeni government and the Houthi group on measures to reduce economic escalation between the two parties.

This came in two separate statements issued by them and received by Anadolu Agency, in response to the announcement by UN envoy Hans Grundberg, on Tuesday, that the Yemeni government and the Houthis had agreed on measures to de-escalate the situation in the banking sector and airlines.

The Jordanian Foreign Ministry said in its statement that it welcomed the announcement by the UN Special Envoy of reaching “an agreement that leads to calming the crisis that has lasted for months, regarding the banking sector and the resumption of the operation of Yemeni Airlines.”

The ministry indicated its country’s support for “all efforts made to achieve security and peace in Yemen, and efforts to end the Yemeni crisis.”

She appreciated the efforts of the UN Special Envoy to Yemen, which aim to “reach a comprehensive political solution to the Yemeni crisis, leading to its end, achieving security and stability, ensuring Yemen’s unity, stability and territorial integrity, and alleviating the suffering of its people.”

In turn, the website of the Gulf Cooperation Council quoted its Secretary-General, Jassim Al-Badawi, as saying, “He welcomed the agreement between the Yemeni government and the Houthis on measures to de-escalate the situation regarding the banking sector and Yemenia Airlines.”

He considered this announcement as “an affirmation of the importance that the international community attaches to the Yemeni crisis,” expressing his “hope that it will contribute to preparing the atmosphere for the Yemeni parties to begin the political process to reach a comprehensive political solution that achieves security and stability in Yemen.”

On Tuesday, Grundberg’s office said in a statement: “Last night (Monday), the Yemeni government and the Ansar Allah group informed the UN Special Envoy to Yemen that they had agreed on several measures to de-escalate the situation regarding the banking sector and Yemenia Airlines.”

The agreement includes, according to the statement, “cancelling recent decisions and measures against banks from both sides, stopping any similar decisions or measures in the future, resuming Yemenia flights between Sana’a and Jordan, increasing the number of its flights to three per day, and operating flights to Cairo and India daily or as needed.”

On July 10, the Central Bank of Yemen announced the suspension of the licenses of six of the country’s largest banks, whose main headquarters are located in the Houthi-controlled capital, Sanaa.

On May 30, the Central Bank of Yemen ordered the cessation of dealings with these banks for not moving their headquarters from Sana’a and for continuing to deal with the Houthi group. The latter responded by banning dealings with 13 banks in areas under government influence.

In addition, a financial conflict has recently emerged between the government and the Houthis over the financial returns of Yemenia Airlines, amid accusations from both sides of exploiting the company’s profits.

Yemen is suffering from a major financial crisis, the impact of which has been exacerbated by the halt in oil exports for a year and a half, as a result of the repercussions of the conflict between the government and the Houthis, which began after the latter took control of Sanaa and several governorates at the end of 2014.

For more than two years, Yemen has witnessed a lull in a war that began about 10 years ago between pro-government forces and Houthi forces controlling governorates and cities, including the capital, Sanaa.

Anatolia

#Arab #economic #deescalation #agreement #Yemeni #government #Houthis
2024-07-25 15:48:29

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