Draft understanding memo between Yemen, Saudi Arabia done
The Source: www.sabanews.net - 27/12/2008
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Yemen and Saudi Arabia have agreed to activate a draft memorandum of
understanding on the mutual cooperation in the field of social
insurance.
Head of the Public Establishment for Social
Insurance Ahmed Saleh Saif said on Friday that the draft memo would be
signed by the two countries during the coming meeting of the
Yemeni-Saudi Coordination Council, which will be held next year in
Aden.
The Yemeni official added that the memorandum of
understanding includes ways to enhance the cooperation between the two
countries' insurance institutions in the areas of exchange experiences
and studies, training and rehabilitation and countering insurance
evasion.
"The importance of this memorandum is to open wider
horizons for cooperation between the two countries in the field of
insurances and exchange cash reserves of more than one million Yemeni
expatriates working in Saudi Arabia", said Saif.
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