Yemen, China sign three agreements worth CNY 105 mln

SANA'A, Dec.28 (Saba) - Yemen
and China signed here on Monday three cooperation agreements between the two
countries with
CNY 105 million (1 CNY = $0.14).
Under the three agreements, the Chinese government presents CNY 50 million to
support the economic and technical cooperation areas between the two countries, a
funding grant
of CNY 50 million allocated to support the development sectors in Yemen as well as a
relief assistance of CYN 5 million to the displaced people due to the insurgency war
in Saada province.
Minister of Planning and International Cooperation Abdul-Karim al-Arhabi, who
signed the agreements with the Chinese ambassador in Sana'a Liu Denglin, valued the
Chinese
government's contributions to support the development process in Yemen.
He affirmed the importance of exerting more efforts to boost the bilateral
cooperation relations between Yemen and China, noting the strength and depth of the
Yemeni-Chinese
historical friendship ties.
For his part, the Chinese ambassador confirmed his country's keenness to push
forward the bilateral cooperation areas with Yemen , pointing the positive
reflections of the
historical visit of President Ali Abudllah Saleh to China in November ,2005 and the
Chinese Vice-President's visit to Yemen in 2007.
On another hand, Deputy Planning Minister Hisham Sharaf pointed out that signing
these agreements comes within the Yemeni- Chinese joint efforts to put into force
the decisions
and results of the President Saleh's visit to China as well as the Chinese
Vice-President's visit to Yemen.
He indicated that during 2010 implementation to be started in a number of projects
included in the agreements which were signed during the Chinese Vice-President's
visit
to Yemen, topped by the 48 Hospital project in Sana'a, which is funded by the
Chinese government and makes a sign to the Yemeni- Chinese friendship.
BA