Yemen Combatants Wide Apart On Sharing Vital Port Revenues

www.oann.com | 5/13/2019 | Staff
samtetley (Posted by) Level 3
AMMAN (Reuters) – Yemen’s warring parties on Thursday failed to agree on how to manage revenues from Hodeidah port that could help relieve the urgent humanitarian needs of millions, delegates and U.N. sources at U.N.-facilitated discussions in Jordan said.

Both sides differed in separate talks with U.N. teams on how the central bank, which is split into rival head offices, should handle revenues from Hodeidah, a vital import hub, and Yemen’s other main Red Sea ports of Saleef and Ras Isa, delegates said.

War - Yemen - Economy - Crisis - Millions

The war has devastated Yemen’s economy, exacerbating an urgent humanitarian crisis with millions of Yemenis on the brink of starvation. Soaring prices have put basic commodities out of reach for many Yemenis and the central bank has struggled to pay public-sector salaries as foreign exchange reserves evaporated.

The United Nations said the talks between the Iran-aligned Houthi movement and the Saudi-backed government had on their agenda how to manage the revenues from the three ports and how to use them to pay public sector employees’ salaries.

Talks - Week - Houthis - Pullout - Ports

The talks convened less than a week after the Houthis began a unilateral pullout from these ports, handing them over to U.N.-supervised local forces as agreed under a pact with the government last December that had stalled for months.

The Yemeni Central Bank was moved from the capital Sanaa to the southern port of Aden after the Houthi movement ousted the internationally-recognized government of President Abd-Rabbu Mansour Hadi from power there in late 2014.

Government - Delegation - Amman - Talks - Insistence

The government delegation at the Amman talks said the insistence of the Houthis not to allow the transfer of port revenues to their central bank office in Aden, the seat of the Riyadh-backed government, meant they had no intention of...
(Excerpt) Read more at: www.oann.com
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