YEMEN Press Agency

Yemen’s Shahn border crossing closes after coalition doubles tariffs

MAHRA, Oct. 06 (YPA) – The movement of goods at the Shahn border crossing between Yemen and Oman was suspended on Monday after authorities loyal to the the Saudi-led coalition doubled customs duties in Mahra province.

Several traders and customs brokers declared a full strike in response to what they described as an unfair decision, which has disrupted the flow of goods into Yemen from Oman.

They urged pro-coalition authorities to reverse the tax increase, warning that it would worsen economic pressure on traders and lead to catastrophic effects on Yemenis’ living conditions, especially in the absence of any economic reforms by the pro-coalition government.

They stressed the importance of ensuring that revenues are directed to the central bank as a vital measure to maintain market stability and support the national economy.

Meanwhile, economic observers warned that the continued closure of the border crossing could lead to a severe supply crisis threatening Yemeni markets unless swift intervention is made.

The Shahn border crossing is one of the most important trade gateways with Oman and is crucial for local markets to secure essential goods such as food, fuel, and consumer products.

 

@E.Y.M