Allocating $70 million to reduce shipping costs for Yemeni ports
English - Saturday 08 October 2022 الساعة 05:48 pm
Aden, NewsYemen:
The Yemeni government intends to allocate a security deposit of up to 70 million dollars to reduce costs on commercial ships arriving at Yemeni ports, whether liberated or under the control of the Houthi militia, Iran's arm in Yemen.
Director-General of the Minister of Transport's Office, Bassam Ahmed Al-Muflihi, stated that efforts are being made by the Ministry of Transport, in partnership with the Ministries of Planning and International Cooperation, Finance and the Central Bank, and with the support of the United Nations Development Program, in order to alleviate the burdens of "war risk insurance premiums and address food insecurity."
He pointed out that this measure will contribute to reducing the cost of sea transportation for ships heading to Yemeni ports, including the port of Hodeidah, which is subject to the coup authorities in Sana'a, as it is related to the humanitarian aspect and food security for Yemenis.
Al-Muflihi said that this legitimate and rational stance towards the humanitarian situation was met with irresponsible behavior by the Houthi militia, which issued its threats to target the maritime traffic of oil ships, indifferent to any consequences that might result from merely threatening to commit this diabolical act and the extent of the suffering that would affect the livelihood of the simple citizen throughout Yemen.
