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AGREEMENT

in the form of an Exchange of Letters concerning the provisional application of the Protocol establishing, for the period from 1 January 1990 to 31 December 1991, the fishing opportunities and the financial contribution provided for in the Agreement between the European Economic Community and the Government of the People's Republic of Mozambique on fisheries relations

A. Letter from the Government of the People's Republic of Mozambique

Sir,

With reference to the draft Protocol, initialled in Maputo on 13 September 1989, establishing the fishing opportunities and the financial contribution for the two-year period starting 1 January 1990, I have the honour to inform you that the Government of the People's Republic of Mozambique is ready to apply this Protocol on a provisional basis, with effect from 1 January 1990, pending its entry into force in accordance with Article 8 of the Protocol, provided that the European Economic Community is prepared to do the same.

This is on the understanding that a first instalment equal to one half of the financial compensation specified in the Article 2 of the Protocol is to be paid by 31 March 1990.

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 People's Republic of Mozambique

B. Letter from the European Economic Community

Sir,

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

'With reference to the draft Protocol, initialled in Maputo on 13 September 1989, establishing the fishing opportunities and the financial contribution for the two-year period starting 1 January 1990, I have the honour to inform you that the Government of the People's Republic of Mozambique is ready to apply this Protocol on a provisional basis, with effect from 1 January 1990, pending its entry into force on accordance with Article 8 of the Protocol, provided that the European Economic Community is prepared to do the same.

This is on the understanding that a first instalment equal to one half of the financial compensation specified in the Article 2 of the Protocol is to be paid by 31 March 1990.

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 this provisional application of the Agreement.

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

On behalf of

the Council of the European Communities