Deal to support local markets in Yemen signed

The Saudi Development and Reconstruction Program for Yemen and the Small and Micro Enterprises Promotion Service, which is part of the Social Fund for Development in Yemen, concluded an agreement to support local markets in Yemen.

The agreement was signed under the auspices of the general supervisor of the program, Ambassador Mohammed bin Saeed Al-Jaber.

The project is one of the fruits of the tripartite cooperation agreement signed on Jan. 4, 2023, between the Islamic Development Bank, SDRPY, and the Yemeni Ministry of Planning and International Cooperation regarding development cooperation in economic empowerment programs.

The project comes within the framework of addressing the challenges related to agricultural production value chains and improving access to markets by addressing the current gaps in the trade and production sectors, within the value chains of three vital Yemeni products — coffee, honey, and onions.