Saudi Arabia, the United Arab Emirates, the UK, and the U.S released a joint statement about the unprecedented deteriorating economic situation in war-torn Yemen.
In a meeting held in Riyadh, the Saudi, British, and Emirati ambassadors to Yemen as well as Chargé d’Affaires for the U.S. Embassy to Yemen, expressed deep concern over the collapse of the Yemeni currency, that led to food prices soaring in the seven-year war country.
The joint statement called on Yemen’s internationally recognized government to quickly return to Aden and take the necessary measures to ensure economic stability in Yemen,
The four countries assured their commitment to providing support to the Yemeni government through a technical advisory committee on the economic aspect.
The statement urged the Yemeni government and the Southern Transitional Council (STC ____ the latter is in control of Aden, which is Yemen’s interim capital ____ work on the “speedy implementation of the Riyadh Agreement“.
This comes amid outraged protests in Aden and Hadramout against the absence of basic services and the collapse of the currency.
In November 2019, the UAE- backed STC and the Yemeni government signed a Saudi-sponsored agreement known as the Riyadh Agreement to end long struggle for power in the south. However, little has been carried out on the ground since the deal was inked.