Private Sector Denounces US Classifications & Sanctions On Businessmen In Yemen

The Yemeni private sector condemned the classifications and sanctions imposed by the US administration against Yemeni businessmen working in Yemen, the latest of which was imposing sanctions on the head of the Chamber of Commerce and Industry in the capital Sana’a, Ali Muhammad al-Hadi, on Wednesday 3/5/2025.

In a meeting yesterday with local and foreign media, businessmen expressed their denunciation of these classifications and sanctions.

They stressed that they contradict the established fact that Yemeni businessmen are completely neutral from war and conflicts and are committed to the declaration issued on 3/31/2016 regarding the neutrality of the private sector from war and conflicts in Yemen in a sound manner.

They pointed out that the US Treasury’s imposition of sanctions on the head of the Board of Directors of the Chamber of Commerce and Industry in the capital Sana’a, Ali al-Hadi, is illegal and contradicts reality and is based on false charges.

They noted that Al-Hadi was appointed based on the Law of Chambers of Commerce and its General Federation (28) of 2003, due to the expiration of the legal term of the previous board of directors.

They explained that Ali Al-Hadi was appointed to the Chamber of Commerce and Industry in the capital as an advisor to the Board of Directors pursuant to the Board of Directors’ decision in minutes No. (2) of 2019, signed by the former Chairman of the Board of Directors, Hassan Al-Kabous.

The businessmen confirmed that the visits made by businessmen outside Yemen are for purely economic purposes to support the Yemeni economy and finance the local market to alleviate the suffering of the Yemeni people, stressing that Ali Al-Hadi’s visit to Moscow was for the purpose of securing the local market for wheat, and had no political purpose, and he did not meet with any Russian official at all, and the visits have no relation to Ansar Allah.

The businessmen pointed out the negative repercussions on the humanitarian and economic conditions in Yemen as a result of these classifications and the negative effects they have on the movement of food and basic commodity imports, especially since 90% of food, medicine and water needs come from imports from different countries.

They pointed out that the Chairman of the Chamber of Commerce, Ali Al-Hadi, represents a primary supplier of these food needs, most notably wheat, flour, sugar and rice, and called on the US Treasury to remove the name of Ali Muhammad Muhammad Al-Hadi from the sanctions list.