Categories: Houthi

Militia issues decree banning the import of flour through the ports of Hodeidah.

Houthi Militia Bans Flour Imports Through Hodeidah Ports

The Houthi militia has announced a sudden ban on the import of flour through the Hodeidah ports under its control. This impulsive decision raises concerns about potential increases in black market activity and soaring prices, further exacerbating the suffering of local citizens.

Decision Details and Implications

A document obtained by Yemen TV from the so-called Ministry of Economy, Industry, and Investment in the unrecognized Houthi government confirms the ban. The ministry mandated shipping companies to adhere strictly to this decision, warning that any violations would result in accountability.

The ministry claims that this measure aims to “localize industries.” However, traders express serious concerns over the lack of a well-thought-out plan, suggesting that the ban could significantly threaten food security in Houthi-controlled areas.

Concerns from Traders

Local traders warn that this abrupt decision could lead to a supply crisis for flour, resulting in increased prices. They fear that the move will create opportunities for black market traders to exploit the hardships faced by citizens.

Traders also pointed out that the militia previously secured commitments from them not to import through the ports controlled by the internationally recognized government. This strategy appears to be part of the militia’s broader economic warfare and efforts to monopolize imports through companies affiliated with influential supporters.

In summary, the Houthi militia’s ban on flour imports through Hodeidah ports poses significant risks to the local economy and food security. As the situation unfolds, the implications for citizens and traders remain uncertain, highlighting the urgent need for a more stable and transparent economic policy in the region.

 

To follow the news in Arabic

 

Yemen TV

Recent Posts

The Prime Minister received the Director of the World Bank Group Office in Aden.

Prime Minister Meets World Bank Office Director in Aden On Tuesday, Dr. Shaya Mohsen Al-Zandani,…

8 minutes ago

Gold prices rise as global oil prices decline.

Gold Prices Rise Amid Declining Oil Prices Gold prices increased today as global oil prices…

3 hours ago

The Interior Minister affirms the security forces’ readiness to protect the nation.

Minister of Interior Affirms Security Forces' Readiness to Protect the Nation High Levels of Operational…

4 hours ago

Jordan’s air defense successfully intercepts three Iranian missiles.

Jordanian Air Defense Successfully Intercepts Three Iranian Missiles The Jordanian Armed Forces announced today that…

4 hours ago

The Prime Minister chaired a meeting of the High Committee for Oil Marketing in Aden.

Prime Minister Leads High-Level Oil Marketing Committee Meeting in Aden On Tuesday, Dr. Shaya Mohsen…

5 hours ago

The Chairman of the Leadership Council stated that Houthi militias have turned their controlled areas into the worst places to live on Earth.

President Alimi Discusses National Developments with Consultative Council Meeting Overview President Dr. Rashad Mohammed Alimi,…

6 hours ago