FYCCI denounces decision of Aden Customs to raise dollar price

[28/July/2021]

SANA'A, July 28 (Saba) – The Federation of Yemeni Chambers of Commerce and Industry (FYCCI) and the Chamber of Commerce in the Capital Sana'a on Wednesday denounced Aden Customs' decision to raise the customs dollar price to YR 500 after it has been YR 250 for seven years.

The Federation and the Chamber, in a joint statement, expressed their rejection of this decision, which will harm the national economy and people's livelihood.

They affirmed that, out of national responsibility and in solidarity with the Chamber of Commerce and Industry in Aden, they reject this decision, "which will directly lead to starvation among citizens, and will severely harm the movement of internal trade and the supply of goods to all provinces."

"In light of the current living conditions, the collapse of the national currency, the weakness of citizens' incomes and the increase in poverty rates, this decision will lead to disruptions in food supply chains and will destabilize the security of society with the expansion of hunger among citizens," the statement explained.

The statement warned of the consequences of this decision, calling on "the customs authorities in Sana'a not to be drawn into any similar decision."

The statement appealed to the United Nations, international economic organizations, donors, and brotherly and friendly countries to intervene and pressure to immediately and urgently cancel the decision.

B.A.