Italy grants Socotra Archipelago $3 mln

SANA'A, April 28 (Saba)- Italy and Yemen singed on Tuesday an
Understanding Memo to grant the Sustainable Development Project and
biodiversity in Socotra Archipelago with $3 million.

According to the memo, the Italian government offers $3 million and
the Yemeni government offers $600,000 to support sustainable
development and biodiversity in Socotra Archipelago.

The project aims at enhancing the institutional building and the
Yemeni participation in the Global Island Partnership, in addition
to implementing the strategy of sustainable development enhancement
in Socotra Archipelago.

The memo was singed by Minister of Planning and International
Cooperation Abdul- Karim al-Arhabi, Minister of Water and
Environment Abdul-Rahman al-Eryani and Italian ambassador Mario
Buffo.

Al-Arahbi expressed the Yemeni government's appreciation for the
Italian support, mentioning that Yemen is interested to coordinate
with the initiatives that target biodiversity preservation in
Socotra.