Yemen seeks for accelerating South Korean grant's allocation

Yemen and South Korea reviewed here on Sunday details of the allocation of the $100 million granted to Yemen by the Export-Import Bank of South Korea during the Riyadh donor meeting held last year. During his meeting with South Korea's ambassador to Yemen Park Kyu-Ock, Minister of Planning and International Cooperation Mohammed al-Sa'adi said that the government looks forward to speed up procedures to allocate the funding given by South Korea to Yemen. He also praised the keenness of the South Korean government on supporting Yemen in the current exceptional situation. Mr. Kyu-Ock expressed his country's adherence to expedite the allocation of the grant and to support the implementation of the projects included in the government's priority list. He stressed the South Korean government willingness to continue to provide all aspects of available support to Yemen. On the other hand, the International Cooperation Minister praised the diligence shown by the British government to support the stability and development paths in Yemen. During his meeting with British ambassador to Yemen Nicholas Hopton, al-Sa'adi also lauded the British efforts to mobilize regional and international aid to help Yemen to overcome the challenges of the current transitional stage. Mr. Hopton reiterated his country's commitment to provide all political and economic support for Yemen. The two officials reviewed several issues of the bilateral cooperation relations and the progress of allotting the donors' funding granted to Yemen.