AGREEMENT in the form of an Exchange of Letters concerning the provisional application of the Agreement amending the Agreement between the European Economic Community and the Government of the Democratic Republic of Madagascar on fishing off the coast of Madagascar, signed at Antananarivo on 28 January 1986

A. Letter from the Government of Madagascar

Sir,

With reference to the Agreement between the European Economic Community and the Government of the Democratic Republic of Madagascar, initialled on 28 November 1986, amending the Agreement on fishing off the coast of Madagascar, signed at Antananarivo on 28 January 1986, I have the honour to inform you that the Government of Madagascar is ready to apply this Agreement on a provisional basis, with effect from 28 November 1986, until its entry into force in accordance with Article 3 of the said Agreement, provided that the European Economic Community is disposed to do the same.

This is on the understanding that payment of the difference between the financial compensation paid for the first year of application of the Protocol and the first instalment of the financial compensation fixed by Article 1 (2) of the Agreement amending the Protocol is effected by 15 March 1987.

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

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

For the Government of the Democratic Republic of Madagascar

B. Letter from the European Economic Community

Sir,

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

'With reference to the Agreement between the European Economic Community and the Government of the Democratic Republic of Madagascar, initialled on 28 November 1986, amending the Agreement on fishing off the coast of Madagascar, signed at Antananarivo on 28 January 1986, I have the honour to inform you that the Government of Madagascar is ready to apply this Agreement on a provisional basis, with effect from 28 November 1986, until its entry into force in accordance with Article 3 of the said Agreement, provided that the European Economic Community is disposed to do the same.

This is on the understanding that payment of the difference between the financial compensation paid for the first year of application of the Protocol and the first instalment of the financial compensation fixed by Article 1 (2) of the Agreement amending the Protocol is effected by 15 March 1987.

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

I have the honour to confirm the European Economic Community's agreement to such provisional application.

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

On behalf of the Council of the European Communities