ID :
17611
Sun, 08/31/2008 - 15:30
Auther :
Shortlink :
http://m.oananews.org//node/17611
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Japan abolishes $ 16, 8 million of Yemen's debt
SANA'A, Aug 31 (Saba)- Minister of Planning and International Cooperation Abdul-Karim al-Arhabi and Japanese ambassador to Yemen Masakazu Toshikage signed Saturday memos for abolishing $ 16, 8 million of Yemen's debt to Japan.
Speaking to Saba, al-Arhabi expressed Yemeni government's appreciation to Japan's
initiative for abolishing part of Yemen's debt to Japan, indicating that this
initiative reflects continuous development Yemeni- Japanese cooperation relations
witness.
The initiative that comes in the framework of supporting Yemen's development is not
the first of its kind. Tokyo has previously abolished $ 38 million of Yemen's total
debt for years 2003-2007.
Speaking to Saba, al-Arhabi expressed Yemeni government's appreciation to Japan's
initiative for abolishing part of Yemen's debt to Japan, indicating that this
initiative reflects continuous development Yemeni- Japanese cooperation relations
witness.
The initiative that comes in the framework of supporting Yemen's development is not
the first of its kind. Tokyo has previously abolished $ 38 million of Yemen's total
debt for years 2003-2007.
