This Regulation shall be valid for all licensed vessels operating in the Yemeni Territorial Waters according to the agreement signed with the Ministry of Fish Wealth (art. 1). Every vessel fishing within 6 miles from the low tide in the Red Sea and 5 miles in the Gulf of Eden shall pay U$ 10,000 daily (art. 2). Every vessel fishing with drag nets at depth of less than 40 metres shall pay U$ 10,000 daily (art. 3). Every vessel fishes outside the defined zone shall pay U$ (5,000) (art. 4). Every v