Agreement between Iraq and Yemen concerning fishing in the territorial waters of Yemen.

This Agreement is composed of 11 articles. The Yemeni General Authority grants to the Iraqi General Board the right to fish in the Territorial Waters of Yemen from the date of signature of the Agreement (art. 1). The two Parties shall establish an Operation Joint Committee (art. 2). The Iraqi General Board, according to this Agreement, shall give to Yemen 35 percent of their fish or fish products in exchange of the permission to fish in their waters (art. 3). The Iraqi General Board shall not throw any poisonous small fish in the Yemeni Territorial Waters (art. 4). The Iraqi General Board shall employ at least 40 percent of Yemeni employees on their vessels (art. 5). The Iraqi Board shall pay compensation for damage of local angler’s equipment (art. 8). The Iraqi Board shall present fishing programmes to the Joint Committee to be approved before starting any fishing operations (art. 9). Dispute settlement (art. 10).