Saudi Arabia Urges UNSC to Take Decisive Measures on Yemen Derelict Oil Tanker

Saudi Arabia Urges UNSC to Take Decisive Measures on Yemen Derelict Oil Tanker
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Saudi Arabia Urges UNSC to Take Decisive Measures on Yemen Derelict Oil Tanker

Saudi Arabia Urges UNSC to Take Decisive Measures on Yemen Derelict Oil Tanker

Saudi Arabia called on the United Nations Security Council (UNSC) on Thursday to take strong and decisive measures in dealing with the derelict oil tanker in Yemen, Safer, and to neutralize the threat it poses.

The Kingdom's Ambassador to the UN Abdullah al-Mouallimi voiced Saudi Arabia's appreciation for the UNSC holding a session to discuss the dangerous situation of Safer and the looming threats entailed on the marine environment and navigation in the Red Sea.

Al-Mouallimi pointed out to the danger of an explosion and an oil spill happening at Safer and how the tanker is positioned near Bab al-Mandab strait which is a vital trade route for Asia and Europe.

He called for an urgent solution that deals with the rundown tanker and said that the UNSC is responsible for securing the safety and security of the region.

Al-Mouallimi noted that an oil spill at Safer will be four times worse that the Exxon Valdez disaster which took place in Alaska in 1989. It could also lead to shutting down Yemen’s Hodeidah port for months on end which would in turn lead to a staggering shortage in fuel and basic commodities supplies for Yemenis.

More so, the fishing industry would be affected in the region and could take years to recover.

Marine life, beaches and shores in Yemen’s neighboring Saudi Kingdom would also be affected. Toxic gases emitted from a potential explosion in addition to an oil spill could harm acres of agricultural land in both Saudi Arabia and Yemen.

This could lead to the internal displacement of persons in affected agricultural areas.

Al-Mouallimi said that the Security Council had previously stressed in its resolution 2511 (2020) and its press statement issued on June 29 the necessity to confront the danger associated with this situation and warned of the dire consequences that may result if this matter remains unresolved.



Riyadh, Doha to Pay Back Syria's Debt to World Bank

One of the meetings held at the IMF in Washington. SPA
One of the meetings held at the IMF in Washington. SPA
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Riyadh, Doha to Pay Back Syria's Debt to World Bank

One of the meetings held at the IMF in Washington. SPA
One of the meetings held at the IMF in Washington. SPA

Saudi Arabia and Qatar said Sunday they will pay Syria’s outstanding arrears of around $15 million to the World Bank.

A joint statement by the finance ministries of Saudi Arabia and Qatar said the decision to pay Syria’s debt to the World Bank was made during this month's meetings in Washington by the World Bank and IMF.

Syria’s Foreign Ministry thanked the two countries for paying the debt, saying it opens the way for activating cooperation toward recovery and reconstruction.
The joint Saudi-Qatari statement said the payment of Syria’s loans will facilitate the resumption of World Bank support and activities in Syria that have been stalled for more than 14 years.

The statement added that the loan payment will allow Syria to take allotments from the World Bank in the near future for “vital sectors.”

Both countries also called on "international and regional financial institutions to promptly resume and expand their development engagement in Syria."
In a reflection of Riyadh’s continued support for Syria’s stability and economic recovery, Saudi Finance Minister Mohammed AlJadaan has issued a joint statement with Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, and Ajay Banga, President of the World Bank Group (WBG), saying “priority will be given to efforts to meet the critical needs of the Syrian people, institutional rebuilding, capacity development, policy reforms, and the development of a national economic recovery strategy.”

The statement that was issued on Thursday on the sidelines of the 2025WBG/IMF Spring Meetings in Washington, said the three sides co-hosted a high-level roundtable for Syria, bringing together the Syrian authorities, finance ministers and key stakeholders from multilateral and regional financial institutions, as well as economic and development partners.

"Building on earlier discussions –including at the Paris Conference on Syria (February 13), the Al Ula roundtable on February 16, and Brussels IX conference (March 17)— this event provided a platform for the Syrian authorities to present their ongoing efforts to stabilize and rebuild their country, reduce poverty, and achieve long-term economic development,” said the statement.