AGREEMENT in the form of an Exchange of Letters concerning the provisional application of the Protocol setting out the fishing opportunities and financial contribution provided for in the Agreement between the European Economic Community and the Islamic Federal Republic of the Comoros on fishing off the Comoros for the period from 20 July 1991 to 19 July 1994

A. Letter from the Government of the Comoros

Sir,

With reference to the Protocol, initialled on 16 July 1991, setting out the fishing opportunities and financial contribution for the period from 20 July 1991 to 19 July 1994, I have the honour to inform you that the Government of the Islamic Federal Republic of the Comoros is prepared to apply the Protocol provisionally from 20 July 1991, pending its entry into force in accordance with Article 6 thereof, provided that the European Economic Community is prepared to do likewise.

It is understood that, in this case, a first instalment equal to one third of the financial compensation stipulated in Article 2 of the Protocol must be paid before 30 November 1991.

I should be grateful if you would confirm that the European Economic Community is in agreement with the foregoing.

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

For the Government of the Islamic Federal Republic of the Comoros

B. Letter from the 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 16 July 1991 setting out the fishing opportunities and financial contribution for the period from 20 July 1991 to 19 July 1994, I have the honour to inform you that the Government of the Islamic Federal Republic of the Comoros is prepared to apply the Protocol provisionally from 20 July 1991, pending its entry into force in accordance with Article 6 thereof, provided that the European Economic Community is prepared to do likewise.

It is understood that, in this case, a first instalment equal to one third of the financial compensation stipulated in Article 2 of the Protocol must be paid before 30 November 1991.

I should be grateful if you would confirm that the European Economic Community is in agreement with the foregoing.'

I have the honour to confirm that the Community is in agreement with the contents of your letter.

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

For the Council of the European Communities