DRAFT EXCHANGE OF LETTERS BETWEEN URUGUAY AND THE EUROPEAN COMMUNITY

The European Community agrees to include in its final offer on market access under the Uruguay Round an additional quantity of two thousand metric tonnes of high-quality beef (0201.30.00 - 0206.10.85 meat of bovine animals, fresh or chilled: 0202.30.90 - 206 29.91 meat of bovine animals, frozen) from Uruguay.

The European Community and Uruguay agree that the provision contained in the Tokyo Round agreement according to which the European Community was prepared to envisage the possibility of Uruguay being able to export additional annual quantities of high-quality beef if the overall quota for such cuts was not fully used by other beneficiary countries shall cease to apply.

The abovementioned provision shall cease to apply on the same date that the additional quantity of two thousand metric tonnes is implemented.