Industrial Minister discusses with Korean Ambassador improving commercial relations

CBY Governor discusses capacity building efforts with IMF

The Governor of the Central Bank of Yemen (CBY) Ahmed Ghaleb discussed today , Friday, with the Head of the Monetary and Capital Markets Department at the International Monetary Fund (IMF) Jihad al-Wazir the technical assistance provided by the Fund to build capacity in aspects of external reserves and foreign exchange management.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

Japan reveals emergency economic package to manage effects of U.S. tariffs

The Japanese government announced today, Friday, a package of emergency economic measures to counter the negative effects of high tariffs imposed by US President Donald Trump.

Barcelona maintains its lead in the Spanish League with a goal against Real Mallorca

Barcelona has maintained its lead in the Spanish League after defeating Real Mallorca 1-0 in a match from the 33rd round.

Last Update: ، 2025/04/26 Time 05:12:02
Latest News:

Council Member Dr. Abdullah al-Alimi commends British efforts to mobilize international support for Yemen

Kuwaiti Fund for Development inks $1.5 million grant agreement for Yemen

Deputy Foreign Minister Meets with Foreign Ambassadors to Discuss Regional Developments

PM Stresses the Pivotal Role of Women's Training in Leading Advocacy to Strengthen Status and Role of ..

Finance Minister outlines priorities of the temporary capital Aden for stability, economic improvement

Industrial Minister discusses with Korean Ambassador improving commercial relations

[02/11/2023 02:08]

ADEN - SABA
Minister of Industry and Trade Mohammad al-Ashwal discussed Thursday here with Korean Ambassador to Yemen Do Bong-Kae improving economic and commercial relations between the two countries.

The meeting touched upon domains related to enhancing commercial exchange, which its level reached in the past USD 1.7 billion a year and reduced over Houthi militia's war on the state.

Minister al-Ashwal praised positions of the Korean friends in supporting government's efforts in economic and development fields, reviewing mechanisms of encouraging private sector to improve commercial balance with Korea.

He called upon Korean companies to visit Yemen and exploring investment opportunities, especially in field of energy.

For his part, the Korean diplomat confirmed his country's support to the Presidential Leadership Council, government and efforts of realizing peace in the country, as well as improving economic and commercial ties between the two countries.

He touched upon Korean companies' investment in Balhaf Establishment and their willing to invest in Yemen's ports, especially in the Transitional Capital of Aden.