AGREEMENT in the form of an Exchange of Letters concerning the provisional application of the Protocol setting out, for the period 1 August 1990 to 31 July 1993, the fishing opportunities and financial contribution provided for in the Agreement between the European Economic Community and the Islamic Republic of Mauritania on fishing off the coast of Mauritania

A. Letter from the Islamic Republic of Mauritania Sir, With reference to the Protocol initialled on 31 July 1990 setting out fishing opportunities and financial contribution for the period 1 August 1990 to 31 July 1993, I have the honour to inform you that the Islamic Republic of Mauritania is ready to apply this Protocol on a provisional basis, with effect from 1 August 1990, pending its entry into force in accordance with Article 9 of the said Protocol, provided that the European Economic Community is disposed to do the same. This is on the understanding that a first instalment equal to one-third of the financial compensation specified in Article 2 of the Protocol is paid by 15 November 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 Islamic Republic of Mauritania B. Letter from the European Economic Community Sir, I have the honour to acknowledge receipt of your letter of today's date, which reads as follows: 'With reference to the Protocol initialled on 31 July 1990 setting out fishing oppotunities and financial contribution for the period 1 August 1990 to 31 July 1993, I have the honour to inform you that the Islamic Republic of Mauritania is ready to apply this Protocol on a provisional basis, with effect from 1 August 1990, pending its entry into force in accordance with Article 9 of the said Protocol, provided that the European Economic Community is disposed to do the same. This is on the understanding that a first instalment equal to one-third of the financial compensation specified in Article 2 of the Protocol is paid by 15 November 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 Protocol. Please accept, Sir, the assurance of my highest consideration. On behalf of the Council of the European Communities