Agreement

in the form of an Exchange of Letters between the European Community and Malaysia pursuant to Article XXIV:6 and Article XXVIII of the General Agreement on Tariffs and Trade (GATT) 1994 relating to the modification of concessions in the schedules of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic in the course of their accession to the European Union

A. Letter from the European Community

Sir,

Following the initiation of negotiations between the European Communities (EC) and Malaysia under Article XXIV:6 and Article XXVIII of GATT 1994 for the modification of concessions in the schedules of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic in the course of their accession to the EC, the following is agreed between the EC and Malaysia with a view to closing the negotiations opened following the EC's notification of 19 January 2004 pursuant to Article XXIV:6 of GATT 1994:

- 15119019 (Solid palm oil fractions, whether or not refined, but not chemically modified, in packing of > 1 kg.): A lower applied rate of 10,0 %.

- 85254099 (Still-image video cameras): A lower applied rate of 12,5 %.

The lower applied rates indicated above are to be applied for three years.

The exact tariff descriptions of EC-15 shall apply to all tariff lines above.

The EC shall incorporate in its schedule CLX, for the customs territory of EC-25, the concessions that were included in its previous schedule.

This Agreement shall enter into force on the date of signature, following the approval by the parties in accordance with their own procedures.

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

On behalf of the European Community

+++++ TIFF +++++

B. Letter from Malaysia

Sir,

Reference is made to your letter stating:

"Following the initiation of negotiations between the European Communities (EC) and Malaysia under Article XXIV:6 and Article XXVIII of GATT 1994 for the modification of concessions in the schedules of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic in the course of their accession to the EC, the following is agreed between the EC and Malaysia with a view to closing the negotiations opened following the EC's notification of 19 January 2004 pursuant to Article XXIV:6 of GATT 1994:

- 15119019 (Solid palm oil fractions, whether or not refined, but not chemically modified, in packing of > 1 kg.): A lower applied rate of 10,0 %.

- 85254099 (Still-image video cameras): A lower applied rate of 12,5 %.

The lower applied rates indicated above are to be applied for three years.

The exact tariff descriptions of EC-15 shall apply to all tariff lines above.

The EC shall incorporate in its schedule CLX, for the customs territory of EC-25, the concessions that were included in its previous schedule.

This Agreement shall enter into force on the date of signature, following the approval by the parties in accordance with their own procedures."

I hereby have the honour to express my Government's agreement.

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

On behalf of Malaysia

+++++ TIFF +++++

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