The European Union (EU) strongly condemned the attack by the Iranian-backed Houthi terrorist militias on the commercial ship (MINERVAGRACHT), which flies the Dutch flag in the Gulf of Aden.
Oil prices rose today, Thursday, ending a three-day losing streak, recovering from their lowest levels in 16 weeks, but expectations of increased supply from "OPEC+" next month limited the gains.
Minister of Industry underlines Yemen's need for economic assistance
[25/02/2024 05:42]
ABU - DHABI
Minister of Industry and Trade Mohammed al-Ashwal reiterated the Yemeni government appeal for the development partners including World Trade Organization (WTO) to bail out Yemen's economy that has been gravely damaged by the repercussions of the Terrorist Houthi militias' coup.
" A substantial economic support is urgently needed to realize the economic recovery, create job opportunity, contribute to stability, growth and peace", he said.
Speaking at the 12th Session of the Chinese Round Table within the 13th Conference of the WTO held today, Sunday, in Abu Dhabi, he highlighted the economic hardships that has been further exacerbated by the Terrorist Houthi militias' attacks on the commercial ships.
" Houthi militias' attacks on the commercial ships and shipping lanes have worsen the Yemeni peoples' economic hardships", said al-Ashwal.
It is important to note that this gathering of the WTO is corresponding with the tenth anniversary of Yemen's joining the WTO.