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AGREEMENT

in the form of an Exchange of Letters concerning the provisional application, as from 16 June 1986, of the Agreement amending for the second time the Agreement between the European Economic Community and the Republic of Guinea-Bissau on fishing off the coast of Guinea-Bissau

A. Letter from Guinea-Bissau

Sir,

With reference to the Agreement between the European Economic Community and the Government of the Republic of Guinea-Bissau, initialled on 22 May 1986, amending for the second time the Agreement on fishing off the coast of Guinea-Bissau, signed in Brussels on 27 February 1980, I have the honour to inform you that the Government of the Republic of Guinea-Bissau is ready to apply this Agreement on a provisional basis, with effect from 16 June 1986, until its entry into force in accordance with Article 2, provided that the European Economic Community is disposed to do the same.

This is on the understanding that payment of a first instalment equal to one-third of the financial compensation specified in the Agreement is effected by 15 September 1986.

I should be obliged if you would confirm the European Economic Community's agreement to such provisional application.

Please accept, Sir, the assurance of my highest consideration.

For the Government of

the Republic of Guinea-Bissau

B. Letter from the Community

Sir,

I am in receipt of your letter of today's date, which reads as follows:

'With reference to the Agreement between the European Economic Community and the Government of the Republic of Guinea-Bissau, initialled on 22 May 1986, amending for the second time the Agreement on fishing off the coast of Guinea-Bissau, signed in Brussels on 27 February 1980, I have the honour to inform you that the Government of the Republic of Guinea-Bissau is ready to applx this Agreement on a provisional basis, with effect from 16 June 1986, until its entry into force in accordance with Article 2, provided that the European Economic Community is disposed to do the same.

This is on the understanding that payment of a first instalment equal to one-third of the financial compensation specified in the Agreement is effected by 15 September 1986.

I should be obliged if you would confirm the European Economic Community's agreement to such provisional application.'

I have the honour to confirm the European Economic Community's agreement to such provisional application.

Please accept, Sir, the assurance of my highest consideration.

On behalf of the Council

of the European Economic Community