His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) received today, Sunday, the Iraqi Deputy Prime Minister, Foreign Minister Fowad Hussein who handed over His Excellency an invitation from His Excellency President Jamal Rashid of the President of the Republic of Iraq to contribute to the 34th Arab Summit and the 5th Arab, Development and Social Conference secheduled to be held in Baghdad on the 17th of this May.
The volume of trade between China and Arab countries exceeded 400 billion U.S. dollars in 2024, and China has remained the largest trading partner of Arab countries for many consecutive years.
The Council of Ministers denounces the seizure of the CBY containers in Aden
[14/06/2020 08:08]
RIYADH- SABA
The Council of Ministers has strongly condemned the seizure of the containers of the Central Bank of Yemen (CBY) in the interim capital Aden by groups of gunmen affiliate to the so called Southern Transitional Council (STC).
In its virtual session held Sunday presided over by the Prime Minister Dr. Ma'een Abdulmalik the Cabinet described this move as a savage action and gangs' approaches.
" This illegal action has made it clear that the STC is insisting on the rejection of the implementation of Riyadh Agreement, deliberately aiming to thwart the accord and foil the efforts have been made by the leadership of the Kingdom of Saudi Arabia to put it into effects", said the Cabinet.
The Council of Ministers warned that this criminal act will have the devastating impacts upon the national currency exchange rate which will be subjected to catastrophic slide.
The Cabinet elaborately discussed the Houthi rebel militia's decision to impose 20% tax upon the country's resources revenues under the so-called "al-Khums-one fifth income tax" in favor of the so-called Bani Hashem people.
The Cabinet stated that " this illegal and illogical action promotes an abhorrent ethnic-racist discrimination inconsistent with all national and international laws and principles of humanitarian justice and equal citizenship".