AGREEMENT in the form of an exchange of letters amending the Agreement in the form of an exchange of letters between the European Economic Community and the Republic of Colombia on trade in textile products

Letter N° 1

Sir,

1. I have the honour to refer to the consultations held on 2 December 1992 between our respective delegations for the purpose of amending the Agreement in the form of an exchange of letters on trade in textile products between the European Economic Community and the Republic of Colombia, applied since 1 January 1987, as extended by the exchange of letters applied since 1 January 1992.

2. As a result of these consultations, both Parties agreed to amend point '8. Duration` of the above Agreement. Point 8 will now read: 'It shall be applicable until 31 December 1994. Thereafter, the application of all the provisions of this Agreement shall be extended automatically for a period of one more year until 31 December 1995, unless either Party notifies the other at least six months before 31 December 1994 that it does not agree with this extension. However, if the Agreement on trade in textiles and clothing products resulting from the Uruguay Round GATT trade negotiations is concluded and enters into force at an earlier date, this Agreement shall be automatically terminated as of the date agreed for the implementation of the results of the Uruguay Round GATT trade negotiations.`

3. Both Parties agreed that this extension of the Agreement shall enter into force on 1 January 1993 and shall be applied provisionally from that date.

4. I should be obliged if you would kindly confirm the acceptance of your Government to the foregoing.

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

For the Council

of the European Communities

Exchange of notes

The Directorate-General for External Relations of the Commission of the European Communities presents its compliments to the Mission of the Republic of Colombia to the European Communities and has the honour to refer to the Agreement on textile products between the Republic of Colombia and the Community applied since 1 January 1987, as extended by the exchange of letters initialled on 27 September 1991 and as further extended by the exchange of letters initialled on 2 December 1992.

The Directorate-General wishes to inform the Mission of the Republic of Colombia that whilst awaiting the completion of the necessary procedures for the conclusion and the coming into force of the extended Agreement, the Community is prepared to allow the provisions of the Agreement to apply de facto from 1 January 1993. This is on the understanding that either party may at any time terminate this de facto application of the extended Agreement provided that 120 days' notice is given.

The Directorate-General for External Relations would be grateful if the Mission would confirm its agreement to the foregoing.

The Directorate-General for External Relations avails itself of this opportunity to renew to the Mission of the Republic of Colombia to the European Communities the assurance of its highest consideration.

Letter N° 2

Sir,

I have the honour to acknowledge receipt of your letter of 2 December 1992 which reads as follows:

'Sir,

1. I have the honour to refer to the consultations held on 2 December 1992 between our respective delegations for the purpose of amending the Agreement in the form of an exchange of letters on trade in textile products between the European Economic Community and the Republic of Colombia, applied since 1 January 1987, as extended by the exchange of letters applied since 1 January 1992.

2. As a result of these consultations, both parties agreed to amend point "8. Duration" of the above Agreement. Point 8 will now read: ''It shall be applicable until 31 December 1994. Thereafter, the application of all the provisions of this Agreement shall be extended automatically for a period of one more year until 31 December 1995, unless either Party notifies the other at least six months before 31 December 1994 that it does not agree with this extension. However, if the Agreement on trade in textiles and clothing products resulting from the Uruguay Round GATT trade negotiations is concluded and enters into force at an earlier date, this Agreement shall be automatically terminated as of the date agreed for the implementation of the results of the Uruguay Round GATT trade negotiations."

3. Both Parties agreed that this extension of the Agreement shall enter into force on 1 January 1993 and be applied provisionally from that date.

4. I should be obliged if you would kindly confirm the acceptance of your Government to the foregoing.

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

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

For the Government

of the Republic of Colombia

Exchange of notes

The Mission of the Republic of Colombia to the European Communites presents its compliments to the Directorate-General for External Relations of the Commission of the European Communities and has the honour to refer to the Director General's Note of . . . regarding the Agreement on textile products between the Republic of Colombia and the Community applied since 1 January 1987, as extended by the exchange of letters initialled on 27 September 1991 and as further extended by the exchange of letters initialled on 2 December 1992.

The Mission of the Republic of Colombia wishes to confirm to the Directorate-General that whilst awaiting the completion of the necessary procedures for the conclusion and the coming into force of the extended Agreement, the Government of the Republic of Colombia is prepared to allow the provisions of the extended Agreement to apply de facto from 1 January 1993. This is on the understanding that either party may at any time terminate this de facto application of the extended Agreement provided that 120 days' notice is given.

The Mission of the Republic of Colombia to the European Communities avails itself of this opportunity to renew to the Directorate-General for External Relations the assurance of its highest consideration.