Draft law to protect national products

Yemen has adopted a draft law to protect the national products in an attempt to avoid being affected after it joins the World Trade Organization (WTO), said Hamoud al-Najar, Director of the Coordination and Communication Office with the WTO.

He said that preparations are underway to hold talks between Yemen and the World Trade Organization WTO in Geneva next June.

The talks will deal with all topics related to Yemen’s accession into the organization, including the mechanisms for organizing the flow of goods and services, as well as reviewing Yemen’s legislative system. 

Al-Najar noted that Yemen has made progress in the areas of law amendments and drawing up new laws that will pave the way for its entry into the WTO. 

He said that according to the government’s plans, Yemen will accede into the organization by 2009. 

Yemen also made progress in talks with China, the US and the European Union, during which 

Yemen signed agreements with each, al-Najar said. 

He expected that Yemen will sign a deal with the European Union during the coming months, particularly after the two sides have signed an agreement on the flow of goods. 

He appreciated the US and European support to technically assist Yemen in joining the World Trade Organization, saying they had contributed to qualifying Yemeni negotiators with the organization. 

Related Content

•  Education in Yemen; moving forward or standing still?
•  Government facilitates measures of setting up companies
•  WB aids to Yemen will be increased
•  Yemen’s foreign currency reserves increase to $8.1billion
•  Yemen encourages girls to education
•  Bajel Cement Factory to be developed
•  Workshop held training new workers in Taiz
•  Center to set up for monitoring exporting fishes
•  Islamic bank to be established with capital of $100 million
•  Consumer protection insisted yet again