Yemen Makes ‘Concrete Progress’ in Forming New Govt.

A general view of the interim Yemeni capital Aden in 2018. (Reuters)
A general view of the interim Yemeni capital Aden in 2018. (Reuters)
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Yemen Makes ‘Concrete Progress’ in Forming New Govt.

A general view of the interim Yemeni capital Aden in 2018. (Reuters)
A general view of the interim Yemeni capital Aden in 2018. (Reuters)

“Concrete progress” has been achieved in recent days over the formation of a new Yemen government after parties agreed on the distribution of shares, revealed Western and Yemeni sources on Sunday.

“Yemeni political parties reached an agreement concerning the division of ministerial portfolios between the North and South,” the sources said.

In recent days, Yemeni President Abdrabbuh Mansur Hadi had stressed the need to expedite the process of implementing the Riyadh Agreement, which is required to unite Yemeni parties and to confront the Iran-backed Houthi militias.

Government spokesman Rajeh Badi told Asharq Al-Awsat: “Consultations are going in the right direction towards reaching understandings between the various participating parties.”

The spokesman added that understandings are about to be reached between northern and southern Yemen on the distribution of ministerial portfolios based on the mechanism to accelerate the implementation of the Riyadh Agreement.

“All parties are keen on implementing the Agreement, and everyone is aware of the gravity of the economic and military situation in the country,” Badi said.

Signed between the legitimate government and the Southern Transitional Council in August, the mechanism to accelerate the implementation of the Riyadh Agreement calls for forming a new 24-minister government. Portfolios will be distributed equally between North and South Yemen.

Badi said, “Obstacles that some parties considered immense, were not that grave,” praising the support of Saudi Arabia to facilitate those talks.

“Our Saudi brothers are keen on removing any obstacle hindering Yemeni stability and they support easing the suffering of the Yemeni people at the hands of the Houthis,” he said.

Yemeni media had in recent hours published leaks related to the distribution of shares in the new government. However, no official sources confirmed those reports.

Meanwhile, British Ambassador to Yemen Michael Aron told Asharq Al-Awsat that all signs indicate that a breakthrough is about to be reached in the formation of a new cabinet.

He said that “good news” may be on the way.



Switzerland Lifts Economic Sanctions on Syria

A drone view shows the Syrian central bank, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, December 16, 2024. (Reuters)
A drone view shows the Syrian central bank, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, December 16, 2024. (Reuters)
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Switzerland Lifts Economic Sanctions on Syria

A drone view shows the Syrian central bank, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, December 16, 2024. (Reuters)
A drone view shows the Syrian central bank, after the ousting of Syria's Bashar al-Assad, in Damascus, Syria, December 16, 2024. (Reuters)

Switzerland said on Friday it will lift a raft of economic sanctions imposed on Syria, including the Middle Eastern country's central bank.

After the toppling of former Syrian president Bashar al-Assad in December 2024, targeted sanctions against individuals and entities linked to the former government will still remain in place, Switzerland's governing Federal Council said.

"The aim of this decision is to promote the country's economic recovery and an inclusive and peaceful political transition," the council said in a statement.

After an initial easing of sanctions in March, Switzerland is now lifting restrictions on the provision of certain financial services, trade in precious metals and the export of luxury goods, the government said.

Some 24 entities including the central bank of Syria have also been removed from the sanctions list, it added.

The announcement follows the EU's decision to lift its economic sanctions on Syria at the end of May after a similar move by the US Treasury Department in the same month.