Yemen’s Smuggling Volume for the Year 2000 Hits YR.70b

Published April 2nd, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The volume of smuggling in Yemen reached YR.70 billion ($437m), equivalent to 25 percent of the total volume of the legal trade. 

Abdulla Al-Sunaidar, from the general federation of Yemeni chambers of commerce and industry was quoted by Yemen’s Observer as saying that “the phenomenon of smuggling affirms that the volume of smuggling increases year after year.” 

The Yemeni official said that such a figure would directly affect the national economic growth, and lead to a number of negative aspects which affect the national product – Albawaba.com

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