Aden:The General Union of Yemeni Chambers of Commerce and Industry has issued a warning regarding the serious economic and humanitarian impacts of recent actions affecting Yemen's industrial and commercial sectors.
According to Yemen News Agency, the union has condemned the direct targeting of factories and production facilities. This condemnation comes particularly in response to the Aden-based government's decision to impose advance customs duties and taxes on goods arriving at ports in the free provinces, as well as the requirement to link currency exchange and overseas transfers to advance payment.
The union has warned that these measures are likely to increase import costs, drive up the prices of food and consumer goods, weaken local production capabilities, and undermine the overall business environment.
In its statement, the union has called for the national economy, ports, customs, and financial transfers to be kept out of political conflicts. It also urged an end to practices targeting industrial and commercial facilities and emphasized the need for a secure investment environment.
