++++

EXCHANGE OF LETTERS

ON ARTICLE 2 ( 2 ) OF THE TRANSITIONAL PROTOCOL

LETTER NO 1

SIR ,

ARTICLE 2 ( 2 ) OF THE TRANSITIONAL PROTOCOL TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE PORTUGUESE REPUBLIC STATES THAT , FOR THE PRODUCTS LISTED IN ANNEXES A AND B , ON 1 JANUARY 1984 PORTUGAL SHALL MAKE A 50 % TARIFF REDUCTION OF THE RESIDUAL DUTIES APPLIED IN RESPECT OF THE COMMUNITY AND THAT ON THE SAME DATE PORTUGAL SHALL MAKE A 30 % REDUCTION OF THE RESIDUAL DUTIES AS REGARDS THE PRODUCTS LISTED IN ANNEXES C , D AND E .

IN THE NEGOTIATIONS ON THE TRANSITIONAL PROTOCOL , PORTUGAL UNDERTOOK TO GRANT THE EUROPEAN ECONOMIC COMMUNITY DUTY-FREE ACCESS FROM 1 JANUARY 1985 ONWARDS AS REGARDS ALL THE PRODUCTS REFERRED TO ABOVE , EITHER PURSUANT TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE PORTUGUESE REPUBLIC OR IN THE CONTEXT OF ITS ACCESSION TO THE COMMUNITIES .

IT FOLLOWS THAT FROM 1 JANUARY 1985 ONWARDS PORTUGAL WILL NO LONGER APPLY ANY CUSTOMS DUTIES IN RESPECT OF THE COMMUNITY AS REGARDS THE PRODUCTS COVERED BY THE AGREEMENT , EXCEPT FOR THE PRODUCTS SPECIFIED IN ARTICLES 3 TO 6 OF THE TRANSITIONAL PROTOCOL AND CERTAIN PRODUCTS LISTED IN PROTOCOL 2 TO THE AGREEMENT .

IT HAS BEEN AGREED THAT THIS EXCHANGE OF LETTERS SHALL COME INTO FORCE ON THE SAME DAY AS THE TRANSITIONAL PROTOCOL .

I SHOULD BE OBLIGED IF YOU WOULD CONFIRM THAT YOUR GOVERNMENT IS IN AGREEMENT WITH THE ABOVE .

PLEASE ACCEPT , SIR , THE ASSURANCE OF MY HIGHEST CONSIDERATION .

FOR THE EUROPEAN ECONOMIC COMMUNITY

LETTER NO 2

SIR ,

I HAVE THE HONOUR TO ACKNOWLEDGE RECEIPT OF YOUR LETTER OF TODAY'S DATE , WHICH READS AS FOLLOWS :

" ARTICLE 2 ( 2 ) OF THE TRANSITIONAL PROTOCOL TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE PORTUGUESE REPUBLIC STATES THAT , FOR THE PRODUCTS LISTED IN ANNEXES A AND B , ON 1 JANUARY 1984 PORTUGAL SHALL MAKE A 50 % TARIFF REDUCTION OF THE RESIDUAL DUTIES APPLIED IN RESPECT OF THE COMMUNITY AND THAT ON THE SAME DATE PORTUGAL SHALL MAKE A 30 % REDUCTION OF THE RESIDUAL DUTIES AS REGARDS THE PRODUCTS LISTED IN ANNEXES C , D AND E .

IN THE NEGOTIATIONS ON THE TRANSITIONAL PROTOCOL , PORTUGAL UNDERTOOK TO GRANT THE EUROPEAN ECONOMIC COMMUNITY DUTY-FREE ACCESS FROM 1 JANUARY 1985 ONWARDS AS REGARDS ALL THE PRODUCTS REFERRED TO ABOVE , EITHER PURSUANT TO THE AGREEMENT BETWEEN THE EUROPEAN ECONOMIC COMMUNITY AND THE PORTUGUESE REPUBLIC OR IN THE CONTEXT OF ITS ACCESSION TO THE COMMUNITIES .

IT FOLLOWS THAT FROM 1 JANUARY 1985 ONWARDS PORTUGAL WILL NO LONGER APPLY ANY CUSTOMS DUTIES IN RESPECT OF THE COMMUNITY AS REGARDS THE PRODUCTS COVERED BY THE AGREEMENT , EXCEPT FOR THE PRODUCTS SPECIFIED IN ARTICLES 3 TO 6 OF THE TRANSITIONAL PROTOCOL AND CERTAIN PRODUCTS LISTED IN PROTOCOL 2 TO THE AGREEMENT .

IT HAS BEEN AGREED THAT THIS EXCHANGE OF LETTERS SHALL COME INTO FORCE ON THE SAME DAY AS THE TRANSITIONAL PROTOCOL .

I SHOULD BE OBLIGED IF YOU WOULD CONFIRM THAT YOUR GOVERNMENT IS IN AGREEMENT WITH THE ABOVE . "

I HAVE THE HONOUR TO CONFIRM THAT MY GOVERNMENT IS IN AGREEMENT WITH THE CONTENTS OF YOUR LETTER .

PLEASE ACCEPT , SIR , THE ASSURANCE OF MY HIGHEST CONSIDERATION .

ON BEHALF OF THE GOVERNMENT OF PORTUGAL