AGREEMENT IN THE FORM OF AN EXCHANGE OF LETTERS between the European Community and the Republic of Turkey fixing, from 1 January 1994, the additional amount to be deducted from the levy or the customs duties on imports into the Community of untreated olive oil originating in Turkey

Letter No 1

Brussels, 16 October 1996

Sir,

Annex IV to Decision No 1/77 of the EEC-Turkey Association Council of 17 May 1977 on new concessions for imports of Turkish agricultural products into the Community stipulates that for untreated olive oil falling within CN codes 1509 10 10, 1509 10 90 and 1510 00 10, the amount to be deducted from the amount of the levy pursuant to Article 2 of the Decision is to be increased by an additional amount under the same conditions and arrangements as laid down for the application of the aforementioned provisions, to take account of certain factors and of the situation on the olive oil market.

I have the honour to inform you that, having regard to the criteria specified in the aforementioned Annex, the Community will take the necessary steps to ensure that the additional amount applicable for the period 1 January 1994 to 31 January 1995 is ECU 10,88 per 100 kilograms and ECU 13,14 per 100 kilograms for the period beginning on 1 February 1995.

I should be obliged if you would acknowledge receipt of this letter and confirm your Government's agreement to its contents.

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

For the European Community

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Letter No 2

Brussels, 16 October 1996

Sir,

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

'Annex IV to Decision No 1/77 of the EEC-Turkey Association Council of 17 May 1977 on new concessions for imports of Turkish agricultural products into the Community stipulates that for untreated olive oil falling within CN codes 1509 10 10, 1509 10 90 and 1510 00 10, the amount to be deducted from the amount of the levy under Article 2 of the Decision is to be increased by an additional amount under the same conditions and arrangements as laid down for the application of the aforementioned provisions, to take account of certain factors and of the situation on the olive oil market.

I have the honour to inform you that, having regard to the criteria specified in the aforementioned Annex, the Community will take the necessary steps to ensure that the additional amount applicable for the period 1 January 1994 to 31 January 1995 is ECU 10,88 per 100 kilograms and ECU 13,14 per 100 kilograms for the period beginning on 1 February 1995.

I should be obliged if you would acknowledge receipt of this letter and confirm your Government's agreement to its contents.`

I am able to confirm the agreement of my Government to the foregoing.

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

For the Government of the Republic of Turkey

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