AGREEMENT

in the form of an Exchange of Letters on the provisional application of the protocol defining, for the period 3 May 1999 to 2 May 2000, the fishing opportunities and financial compensation provided for in the Agreement between the European Economic Community and the Government of the People's Republic of Angola on fishing off Angola

A. Letter from the Government of the Republic of Angola

Sir,

With reference to the Protocol initialled on 2 May 1999 defining the fishing opportunities and financial compensation for the period 3 May 1999 to 2 May 2000, I have the honour to inform you that the Government of the Republic of Angola is prepared to apply the Protocol on a provisional basis with effect from 3 May 1999, pending its entry into force in accordance with Article 7 thereof, provided that the European Community is disposed to do the same.

This is on the understanding that the financial compensation provided for in Article 2 of the Protocol is to be paid before 31 December 1999.

I should be obliged if you would confirm the Community's agreement to such provisional application of the Protocol.

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

For the Government of the Republic of Angola

B. Letter from the Community

Sir,

I am in receipt of your letter of today's date, which reads as follows:

"With reference to the Protocol initialled on 2 May 1999 defining the fishing opportunities and financial compensation for the period 3 May 1999 to 2 May 2000, I have the honour to inform you that the Government of the Republic of Angola is prepared to apply the Protocol on a provisional basis with effect from 3 May 1999, pending its entry into force in accordance with Article 7 thereof, provided that the European Community is disposed to do the same.

This is on the understanding that the financial compensation provided for in Article 2 of the Protocol is to be paid before 31 December 1999.

I should be obliged if you would confirm the Community's agreement to such provisional application of the Protocol."

I have the honour to confirm the Community's agreement to such provisional application of the Protocol.

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

On behalf of the Council of the European Union