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Yemeni Presidential Council warns Houthis against ‘catastrophic adventure’, sets conditions for economic dialogue

Yemen Monitor/Newsroom

The Presidential Leadership Council in Yemen warned the Houthi group against returning to the option of comprehensive escalation and threatening with catastrophic adventures, stipulating the resumption of oil exports and the unification of the national currency to participate in any dialogue with the Houthis under UN auspices.

This came during an emergency meeting chaired by its head, Rashad al-Alim, and attended by six members of the council, according to the official Yemeni news agency, Saba.

According to the agency, the meeting stood before local developments, at the top of which are the living and service conditions, economic and banking reforms, and Houthi threats to return the scene to the square of comprehensive war.

The head of the council revealed that he received a message from the UN envoy, Hans Grundberg, which included a request for the council’s support to launch a dialogue under UN auspices to discuss recent economic developments and ways to resolve them in a manner that serves the supreme interest of the Yemeni people.

In this regard, the council affirmed its adherence to a clear agenda for participation in any dialogue on the economic file, including the resumption of oil exports, the unification of the national currency, the cancellation of all arbitrary measures against the banking sector and the business and financial community.

In this context, the council drew attention to the reforms led by the government and the Central Bank of Yemen to improve living conditions, contain the deterioration of the national currency, protect the banking system, strengthen control over banks and their foreign dealings, and respond optimally to disclosure and compliance standards with anti-money laundering and terrorist financing requirements.

The council affirmed its continued determination to deter “the Houthi’s arbitrary practices while adopting the utmost flexibility and openness to discuss any proposals that would strengthen the independence of the banking sector and the legal center of the state in the temporary capital, Aden.”

The council called on the Houthis not to flee from internal and popular pressures and their living priorities, towards threatening with catastrophic adventures and continuing to outbid the pains of the Palestinian people and their just cause (..)”.

The Yemeni Presidential Council warned the Houthis against returning to the option of comprehensive escalation, which would double the suffering and destroy what remains of the foundations of life and the scarce livelihoods of the Yemeni people, while at the same time affirming the readiness of its armed forces in all its military formations to deter any hostile adventure.

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