Paper Title :The Yemen-China Economic, Commercial, and Technical Relations During Ali Abdullah Saleh's Administration from 1990 To 2012

Author :Yahya Yahya Yahya Al Awd, Muhammad Fuad Bin Othman, Norafidah Binti Ismail

Article Citation :Yahya Yahya Yahya Al Awd ,Muhammad Fuad Bin Othman ,Norafidah Binti Ismail , (2017 ) " The Yemen-China Economic, Commercial, and Technical Relations During Ali Abdullah Saleh's Administration from 1990 To 2012 " , International Journal of Management and Applied Science (IJMAS) , pp. 1-25, Volume-3,Issue-5

Abstract : China and Yemen continued to have regular meetings to assess the cooperation between them in the economic, oil and gas sector, sharing of technical expertise for the development of free trade zones, trade exchange as well as how to improve the cooperation. On May 16, 1996, Wu Bangguo, the Chinese Vice Premier, initialed a memorandum of understanding (MOU) in Sana’a with the Yemeni government to prospect for oil and its subsequent production, refining and marketing, and cooperation in the economic, medical and cultural sectors. (Huwaidin, 2001). The Chinese President’s, Hu Jintao, invitation to his Yemeni counterpart, President Saleh, to visit China in April 2006 appears as if China was reciprocating Yemen’s hosting of Wu Bangguo’s earlier visit to Sana’a, but actually Hu Jintao’s motive was to secure Beijing’s need for oil in the midst of tightening global energy supplies. China’s purpose for the expansion of trade relations with Yemen was also to make it a new consumer market whereby Chinese goods can be exported to Yemen. In fact, during Saleh’s meeting with Hu, in China in April 2006, Hu said he welcomes and supports private sector investments in both countries and is ready to extend cooperation to Yemen in the energy, infrastructure and fishing sector (Xinhua News Agency, April 7, 2006).In addition to that, during Saleh’s same visit to China, Vice Premier Wu said to Saleh that China is ready to work with Yemen to take advantage of each other’s strength so as to enhance bilateral cooperation for their mutual benefits in large trade, energy and telecommunication projects (Xinhua News Agency, April 8, 2006). Keywords: Economic, Cooperation, Yemen-China relations, Saleh, Trade, Development

Type : Research paper

Published : Volume-3,Issue-5

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