Yemeni PLC Stresses Implementing Economic, Security Priorities

President of the Yemeni Presidential Leadership Council (PLC) Rashad Al-Alimi (Reuters)
President of the Yemeni Presidential Leadership Council (PLC) Rashad Al-Alimi (Reuters)
TT
20

Yemeni PLC Stresses Implementing Economic, Security Priorities

President of the Yemeni Presidential Leadership Council (PLC) Rashad Al-Alimi (Reuters)
President of the Yemeni Presidential Leadership Council (PLC) Rashad Al-Alimi (Reuters)

President of the Yemeni Presidential Leadership Council (PLC) Rashad Al-Alimi, on the first day of Eid al-Fitr holiday, stressed the need to address pressing economic and security priorities.

Al-Alimi pointed out that joint committees have been formed with Saudi Arabia and the United Arab Emirates (UAE) to implement pledges made in all fields.

The PLC chairman’s statements were made at a meeting with his deputies.

Al-Alimi called for “intensifying efforts to implement urgent priorities in all economic, security and humanitarian fields.”

He also briefed the Yemeni Cabinet on the results of his successful visit to Saudi Arabia and the UAE, and the amount of support Yemen received from the leaderships of the two countries.

The PLC head explained that the visit he made with his deputies to Saudi Arabia and the UAE “culminated in an agreement to immediately form joint committees, to follow up on the implementation of commitments in the fields of electricity, energy, health, roads, water and dams, as well as in the security and military aspects.”

He stressed that the support allocated to the Yemeni Central Bank is “under actual implementation.” Al-Alimi’s remark comes in reference to the two-billion-dollar deposit provided by Riyadh and Abu Dhabi.

In a statement he addressed to the people on Eid Al-Fitr, Al-Alimi pointed to the great responsibility placed on the PLC.

“Since the PLC was sworn in before the House of Representatives and the Shura Council in Aden, it immediately began holding its meetings,” said Al-Alimi.

“Our awareness of the accumulated challenges that burdened the Yemenis puts us before our responsibility, which accepts nothing but success, and we are determined to work hard in everything that serves our Yemeni people, from Mahra to Saada,” he added.

Al-Alimi reiterated the PLC’s and government’s commitment to provide support, attention and care to the temporary capital, Aden.



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)
TT
20

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.