YEMEN 

 

                      COUNTRY COMMERCIAL GUIDE 

                          FISCAL YEAR 1996 

 

 This Country Commercial Guide (CCG) presents a 

 comprehensive look at Yemen's commercial environment 

 through economic, political and market analyses. 

 

 The CCGs were established by recommendation of the 

 Trade Promotion Coordinating Committee (TPCC), a 

 multi-agency task force, to consolidate various 

 reporting documents prepared for the U.S. business 

 community.  Country Commercial Guides are prepared 

 annually at U.S. Embassies through the combined efforts 

 of several U.S. government agencies. 

 

 Table of contents 

 

 I.   Executive Summary 

 

 II.  Economic Trends and Outlook 

 - Major Trends and Outlook 

 - Principal Growth Sectors 

 - Balance of Payments Situation 

 - Infrastructure Situation 

 

 III. Political Environment 

 - Nature of Political Relationship with the United States 

 - Major Political Issues Affecting the Business Climate 

 - Brief Synopsis of the Political System 

 

 IV.  Marketing U.S. Products and Services 

 - Distribution and Sales Channels 



 - Use of Agents and Distributors 

 - Franchising 

 - Direct Marketing 

 - Joint Ventures/Licensing 

 - Steps to Establishing an Office 

 - Selling Factors/Techniques 

 - Advertising and Trade Promotion 

 - Pricing Products 

 - Sales Service/Customer Support 

 - Selling to the Government 

 - Protecting Products from IPR Infringement 

 - Need for a Local Attorney 

 

 V.   Leading Sectors for U.S. Exports and Investment 

 - Best Prospects for Non-Agricultural Goods and Services 

 - Best Prospects for Agricultural Goods and Services 

 - Significant Investment Opportunities 

 

 VI.  Trade Regulations and Standards 

 - Trade Barriers 

 - Customs Valuation 

 - Import Licenses 

 - Export Controls 

 - Import/Export Documentation 

 - Temporary Entry 

 - Labeling, Marking Requirements 

 - Prohibited Imports 

 - Standards 

 - Free Trade Zones/Warehouses 

 - Special Import Provisions 

 

 VII. Investment Climate:

 A 1 - Openness to Foreign Investment 

 A 2 - Conversion and Transfer Policies 

 A 3 - Expropriation and Compensation 

 A 4 - Dispute settlement 

 A 5 - Performance Requirements/Incentives 

 A 6 - Right to Private Ownership and Establishment 

 A 7 - Protection of Property Rights 

 A 8 - Regulatory System 

 A 9 - Efficient Capital Markets and Portfolio Investment 

 A 10 - Political Violence 

 B. - Bilateral Investment Agreements 

 C. - OPIC and Other Investment Insurance Programs 

 D. - Labor 

 E. - Foreign Trade Zones/Free Ports 

 F. - Capital Outflow Policy 

 

 VIII. Trade and Project Financing 

 - Brief Description of Banking System 

 - Foreign Exchange Controls Affecting Trading 

 - General Financing Availability 

 - How to Finance Exports/Methods of Payment 

 - Project Financing Available 

 - List of Banks with Correspondent U.S. Banking 

 Arrangements 

 

 IX. Business Travel 

 - Business Customs 

 - Travel Advisory and Visas 



 - Business Infrastructure 

 

 X.  Appendices 

 A.  Country Data 

 B.  Domestic economy 

 C.  Trade 

 D.  Investment Statistics 

 E.  U.S. and Yemen Contacts 

 -   U.S. Embassy Trade Personnel 

 -   Washington-based USG Country Contacts 

 -   Country Trade Associations 

 -   Yemen Government Agencies 

 -   Country Commercial Banks 

 -   Multilateral Development Bank Office 

 F.  Market Research 

 G.  List of Commercial Laws