AGREEMENT in the form of an exchange of letters between the European Community, on the one part, and the Government of Denmark and the Home Government of the Faroe Islands, on the other part, amending Tables I and II of the Annex to Protocol 1 of the Agreement between the European Economic Community of the one part and the Government of Denmark and the Home Government of the Faroe Islands of the other part signed on 2 December 1991

A. Letter from the Community

Brussels, . . .

Sir,

The European Community, on the one part, and the Government of Denmark and the Home Government of the Faroe Islands, on the other part, have agreed that Tables I and II of the Annex to Protocol 1 will be amended as follows:

1. Table I:

The amendments are shown in Appendix 1 to this letter.

2. Table II:

The text concerning tariff quota No 4 (TQ No 4) shall be replaced by the text of Appendix 2 to this letter.

This Agreement in the form of an exchange of letters shall be approved by the Contracting Parties in accordance with their own procedures. It shall enter into force on the first day of the month following the date on which the Parties notify each other of the completion of the procedures and shall apply from 1 January 1995.

I should be obliged if you would confirm that the Government of Denmark and the Home Government of the Faroe Islands are in agreement with the contents of this letter.

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

On behalf of the European Community

B. Letter from the Government of Denmark and the Home Government of the Faroe Islands

Brussels, . . .

Sir,

I have the honour to acknowledge receipt of your letter of today's date which reads as follows:

'The European Community, on the one part, and the Government of Denmark and the Home Government of the Faroe Islands, on the other part, have agreed that Tables I and II of the Annex to Protocol 1 will be amended as follows:

1. Table I:

The amendments are shown in Appendix 1 to this letter.

2. Table II:

The text concerning tariff quota No 4 (TQ No 4) shall be replaced by the text of Appendix 2 to this letter.

This Agreement in the form of an exchange of letters shall be approved by the Contracting Parties in accordance with their own procedures. It shall enter into force on the first day of the month following the date on which the Parties notify each other of the completion of the procedures and shall apply from 1 January 1995.

I should be obliged if you would confirm that the Government of Denmark and the Home Government of the Faroe Islands are in agreement with the contents of this letter.`

I have the honour to confirm that the Government of Denmark and the Home Government of the Faroe Islands are in agreement with the contents of your letter.

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

For the Government of Denmark and the Home Government of the Faroe Islands

Appendix 1

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Appendix 2

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