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EU Ambassadors Conclude Visit to Aden, Reaffirm Support for Yemen Central Bank

Yemen Monitor/News Room

EU ambassadors to Yemen concluded a visit to Aden on Wednesday, during which they met with leaders of the Presidential Leadership Council and a number of the government officials, while also confirming their support for the recent measures of the Central Bank of Yemen.

The EU Mission said in a statement that “EU Ambassador Gabriel Munuera Vinals, French Ambassador Catherine Colonna, Dutch Ambassador Janet Seib and German Ambassador Hubert Yagër concluded a joint visit to Aden.”

The mission called in its statement for concerted efforts to address economic challenges and improve service delivery under very difficult circumstances.

The European ambassadors also called for continued constructive engagement in UN-led peace efforts, which offer the best path towards a better future for Yemen.

The ambassadors urged continued work to stabilize the economy, boost public revenue, improve expenditure management and deliver essential services.

The ambassadors stressed the importance of ensuring respect for fundamental rights and a favorable working environment for humanitarian and development actors who are helping Yemenis.

For its part, the official Yemeni News Agency reported that the Governor of the Central Bank of Yemen, Ahmed Ghaleb, discussed with the EU Mission a range of economic developments in their most important financial and monetary aspects, current events, and especially the recent decisions of the Central Bank.

The agency explained that the ambassadors expressed their understanding of the Central Bank’s measures and confirmed the continuation of support provided by the EU countries to Yemen in the humanitarian aspects, support for the Central Bank and assistance in strengthening financial inclusion and strengthening anti-money laundering and terrorist financing systems.

Last week, the Central Bank of Yemen issued a directive to stop dealing with the banks: “Tadhamon, Yemen and Kuwait, Comprehensive Bank of Yemen and Bahrain,Al-Amal for Microfinance, Al-Kraymi, Yemen International for refusing to transfer their headquarters from Sana’a to Aden,” and also gave a 60-day deadline for citizens and institutions to deposit in Aden central bank what they have of the old edition before 2016.

The measures taken by Aden Centeral bank prompted the Houthis to ban dealing with 13 local banks under the control of the internationally recognized Yemeni government.

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