Yemen, Kuwait signs $ 50 mln agreement
Monday 19/January/2009
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www.sabanews.net
حجم الخط
the Social Fund for Development (SFD) projects amounting to $
50 million.
The agreement comes within Kuwait's intention to fulfill its financial commitment to Yemen during the London Donor Conference held in November 2006 which amounted to $ 200 million to support development process in Yemen.
The agreement was signed by Minister of Planning and International
Cooperation Abdul Karim al-Arhabi from the Yemeni side, while the Kuwaiti side was represented by the Economic Advisor of the Kuwaiti Fund for Arab Economic Development (KFAED) Tareq al-Menayes.
After signing the agreement, al-Arhabi praised the deep historical relations linked the two countries, highlighting that both countries' leaderships are keen on pushing the brotherly relations between the two countries forward.
Al-Menayes affirmed that the cooperation between Yemen and Kuwait would witness more progress in the coming years.
The agreement comes within Kuwait's intention to fulfill its financial commitment to Yemen during the London Donor Conference held in November 2006 which amounted to $ 200 million to support development process in Yemen.
The agreement was signed by Minister of Planning and International
Cooperation Abdul Karim al-Arhabi from the Yemeni side, while the Kuwaiti side was represented by the Economic Advisor of the Kuwaiti Fund for Arab Economic Development (KFAED) Tareq al-Menayes.
After signing the agreement, al-Arhabi praised the deep historical relations linked the two countries, highlighting that both countries' leaderships are keen on pushing the brotherly relations between the two countries forward.
Al-Menayes affirmed that the cooperation between Yemen and Kuwait would witness more progress in the coming years.
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