The Saudi-Yemeni Coordination Council concluded its 4th session in Sanaa today. The session was co-chaired by Minister of Commerce and Industry Hashem Yamani and Yemeni Minister of Planning and International Cooperation Abdulkareem Al-Arhabi.
In his remarks to the session, Yamani noted the various development projects that the Council has implemented in the fields of electricity, roads, education, vocational training and medicine. These projects were financed through the Saudi Development Fund.
The Kingdom has donated SR 1 million [$266,692] to Yemen’s efforts to fight malaria, Yamani said, in addition to SR 1.6 million [$426,706] in corporate assistance.
Yamani said that many Yemeni students study in Saudi universities, and that Saudi medical teams regularly visit Yemen to perform surgeries for patients in need.
In addition, trade between Saudi Arabia and Yemen has increased from SR 753 million [$200 million] in 1999 to SR 2.49 billion [$666 million] in 2004.