confirmed here on Wednesday the government's interest in continuing the reforms aiming at improving the business environment in Yemen.Opening a workshop addressing the new investment law draft prepared by the Foreign Investment Office of the International Financial Corporation (IFC) in collaboration with Ministry of Planning and International Cooperation, al-Arhabi pointed out that the reforms implemented for improving the investment law along with the income tax law represent the backbone of the business environment reform in Yemen.The reforms in such laws have been done in accordance with the best international measures to contribute to making a qualitative movement in the investment potentials in Yemen, al-Arhabi said.Al-Arhabi stressed the significance of the financial and administrative independence of the General Investment Authority (GIA) that would empower it to carry out its vital tasks, noting that simplifying the procedures is one of the most important reforms included in the new investment law.Minister of Finance Numan al-Suhaybi said that the new investment law should include strict rules restricting GIA's grants of exemptions in order not to be misused by some investors.For his part, GIA President Salah al-Attar assured that a ministerial committee was formed to reformulate the investment law according to the recommendations of the IFC's Foreign Investment Office.The participants in the workshop confirmed the significance of determining the time frame to cancel the current investment law and put the new one in force.