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Saudi hold talks with Houthis for first time in more than two years: Financial Times

Saudi Arabia has been holding talks with Yemen’s popular Houthi movement for the first time in more than two years in a sign that the kingdom is willing to end hostilities, The Financial Times reports.

The “back-channel” negotiations began after the Houthis announced they would stop launching retaliatory drone and missile attacks against positions inside Saudi Arabia if Riyadh stopped its aggression, the paper said Saturday.

“There has been a lot of progress in the talks,” a Dubai-based political commentator was quoted as saying.

“We are now in the last five minutes of the Yemen war,” Abdulkhaleq Abdulla told the British newspaper.

The paper, citing a Western diplomat, said the drone attacks on the Saudi oil facilities were key to the shift in Riyadh’s position.

“Another factor behind Riyadh’s shift has been the weakening of its coalition after the United Arab Emirates,” it added.

The UAE is Saudi Arabia’s main ally in the military campaign against Yemen. But Abu Dhabi announced in July that it was drawing down its troop presence in Yemen.

The Saudi-led war has been deadlocked for years and experts have persistently said there is no military solution.

Top US officials visited Saudi Arabia after the recent drone attacks on Saudi Arabia’s heart of oil industry and reportedly urged them to open negotiation channels with Yemen’s Houthis.

In July, the Wall Street Journal said Pentagon officials had concluded that the war in Yemen had degenerated into “an unwinnable quagmire” and urged the Saudis to negotiate an end to the conflict.

After the Houthis said last they would halt missile and drone attacks into the kingdom, Riyadh agreed to halt its bombing raids. The Houthis, meanwhile, have released nearly 300 prisoners, including three Saudis, “in a goodwill gesture.”

On Friday, the group offered the Saudi-backed former government a new deal for exchange of prisoners.

Through the release, the Houthi movement and its allies in the Yemeni army said they sought to underline their commitment to peace negotiations held in Sweden last December.

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