The UN envoy to Yemen, Hans Grundberg, announced on Tuesday that the Yemeni government and the Houthi group informed him of an agreement on several measures to de-escalate the situation regarding the banking sector and Yemenia Airlines.
Grundberg added in a statement that the written agreement states:
- Cancel the recent decisions and actions against banks from both sides.
- To refrain from taking any similar decisions or actions in the future.
- Resuming Yemenia flights between Sana’a and Jordan and increasing their number to 3 per day.
- Flights to Cairo and India are operated daily or as needed.
The UN envoy referred to what he described as the important role played by Saudi Arabia in reaching this agreement, stressing the United Nations’ readiness to work with the two parties to implement the measures they agreed upon.
Grundberg stressed the need for the two parties to cooperate in order to reach an economy that serves all Yemenis, supports the implementation of a nationwide ceasefire, and the resumption of an inclusive political process.
The central bank was In Aden He issued a decision to suspend the licenses of 6 of the country’s largest banks operating in areas controlled by the Houthi group. After refusing to move its headquarters to Aden, While the group responded by banning dealings with 13 banks in areas under government influence.
The government issued a decision to transfer the headquarters of Yemenia Airlines to Aden.
Recently, a financial conflict has emerged between the government and the Houthis over the financial returns of Yemenia Airlines, amid accusations from both sides of exploiting the company’s profits.
Yemen is suffering from a major financial crisis exacerbated by the halt in oil exports for a year and a half as a result of the repercussions of the conflict between the government and the Houthis.
