YEMEN / SAUDI ARABIA

 
Published: Saturday 15 April 1995

Yemen and Saudi Arabia have finally decided to call a halt to their 61-year-long border warfare. Following this decision, the biggest sigh of relief was from oil companies operating nervously in the oil-rich provinces under dispute heaved. In a memorandum of understanding signed at Mecca in the middle of March, the 2 nations pledged to sort out the economic issues that were seriously affecting their future -- particularly that of precarious and impoverished Yemen. Truth to tell, international oil companies had been growing increasingly disenchanted with the ceaseless bilateral squabbles and had finalised drawing their plans to freeze activities, prior to closing shop and rendering the 2 countries the poorer.

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