Al-Houthi anticipates international attempts to unify the monetary process by granting Iran the establishment of a "stock exchange" in Sana'a

English - الخميس 23 يونيو 2022 الساعة 06:34 م
Sana'a, NewsYemen, private:

The semi-official Fars News Agency revealed that the governor of the Central Bank of Sana'a, appointed by the Houthi group, signed a memorandum of cooperation between the bank's management and the Iranian Stock Exchange and Securities Organization.

The agency said that the memorandum, which was signed in the Iranian capital, Tehran, last Monday, aims to exchange knowledge and the infrastructure necessary to develop the activities of the stock exchange... in order to establish an organization for the stock exchange in Yemen.

She added that one of the most important provisions of this memorandum is to provide the infrastructure for the establishment of the Yemeni capital market, noting that the authorities in Iran had previously announced their readiness to provide advisory services and technical and structural services to it.

The Iranian agency quoted the Houthi leader, Hashem Ismail, the Governor of Sanaa Bank, as "referring to Iran's experiences in the field of establishing financial markets," expressing "his hope that through concluding this memorandum new paths will be found for further cooperation between the two countries in various fields."

 This step by the Houthi group anticipates the attempts that the UN envoy in Yemen, Hans Grundberg, is working on to launch negotiations during the next stage related to the economic file and to end the state of division that the monetary process in Yemen suffers from.

These internationalist attempts, which are based on international pressure, especially on the part of America and Britain;  It comes despite its failure to compel the Houthi militia to implement its obligations under the armistice, especially the opening of roads between the governorates and around Taiz.

These attempts and pressures raise fears that they are a new station to impose concessions on the part of the Presidential Council in favor of the Houthi group, as happened in the issue of accepting the passport issued by a group.

What reinforces these fears is the silence shown by the international parties, led by America, Britain and Europe, regarding the Houthi move to involve Iran in the economic file;  While these countries were quick to express their solidarity with the central bank administration in Aden against the accusations launched by the Southern Transitional Council.

Where the Presidency of the Southern Transitional Council announced, during its recent meetings, its categorical rejection of what it called the theses adopted by some suspicious elements in the management of the bank in Aden and aimed at transferring the bank to Sana’a.  Warning against the consequences of their movements with some parties abroad.