Yemeni Government Seeks To Unfreeze Bank Accounts In Foreign Countries

ADEN, Yemen, Jan 30 (NNN-SABA) – The Saudi-backed Yemeni government, started Tuesday, talks with foreign diplomatic missions, in an attempt to unfreeze its bank accounts, being frozen abroad, as a result of the country’s conflict.

In the southern port city of Aden, Governor of the Central Bank of Yemen (CBY), Mohammad Zimam, discussed with German Ambassador to Yemen, Carola Muller, measures of re-opening CBY’s accounts, frozen by some German banks.

During the meeting, Deputy Governor of the CBY for foreign banking operations, Hussein Quaiti, said that, releasing frozen accounts will help Yemen’s central bank in paying its euro payment commitments, in addition to resuming cooperation between Yemeni and German banks.

German banks were paying Yemen euro-paid commitment, in accordance with a financial agreement signed between Yemen’s Central Bank and Germany, previously, it said.

The German ambassador also met with the country’s Prime Minister, Maeen Abdulmalik and discussed key financial issues and the suitable ways to support the war-torn Arab country, economically.

Muller confirmed that she had communicated with German banks, regarding the unfreezing of Yemeni bank accounts, and is waiting for the response.

The internal military conflict between the Houthis and the Saudi-backed Yemeni government, recently entered its fourth year, aggravating the suffering of Yemenis and deepening the world’s worst humanitarian crisis.– NNN-SABA

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