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AGREEMENT

in the form of an Exchange of Letters between the European Economic Community and Barbados, Belize, the People's Republic of the Congo, Fiji, the Cooperative Republic of Guyana, the Republic of the Ivory Coast, Jamaica, the Republic of Kenya, the Democratic Republic of Madagascar, the Republic of Malawi, Mauritius, St Christopher and Nevis, the Republic of Suriname, the Kingdom of Swaziland, the United Republic of Tanzania, the Republic of Trinidad and Tobago, the Republic of Uganda and the Republic of Zimbabwe on the guaranteed prices for cane sugar for the 1986/87 delivery period

Letter No 1

Brussels, 19 January 1987

Sirs,

The representatives of the ACP States referred to in Protocol 7 on ACP sugar annexed to the Third ACP-EEC Convention and of the Commission on behalf of the European Economic Community, have agreed, pursuant to the provisions of the said Protocol, to submit to their competent authorities for approval, to be the subject of an Exchange of Letters between the ACP States concerned and the Community, the following.

For the period 1 July 1986 to 30 June 1987 the guaranteed prices referred to in Article 5 (4) of the Sugar Protocol shall, for the purpose of intervention within the terms of Article 6 of that Protocol, be:

1.2 // (a) for raw sugar: // 44,92 ECU per 100 kilograms; // (b) for white sugar: // 55,39 ECU per 100 kilograms.

These prices represent no increase over those applicable for the preceding delivery period and shall refer to sugar of standard quality as defined in Community legislation, unpacked, cif free out European ports of the Community. The introduction of these prices in no way prejudices the respective positions of the Contracting Parties in respect of the principles appertaining to the determination of the guaranteed prices.

Although retroactivity is not provided for in respect of the 1986/87 prices, it is agreed that this year's decision does not prejudice the position of the ACP States in relation to retroactivity in any future negotiation in accordance with Article 4 (3) of Protocol 7 annexed to the Third ACP-EEC Convention.

It was noted that, in the view of the ACP States, the problem of ocean freight costs remained an outstanding and pressing matter which required immediate consideration and resolution.

I should be obliged if you would acknowledge receipt of this letter and confirm that this letter and your reply constitute an Agreement between the Governments of the ACP States concerned and the Community.

Les ruego acepten, Señores, el testimonio de mi más alta consideración.

Modtag, aerede herrer, forsikringen om min mest udmaerkede hoejagtelse.

Genehmigen Sie, sehr geehrte Herren, den Ausdruck meiner ausgezeichnetsten Hochachtung.

Parakaló dechtheíte, Kýrioi, ti diavevaíosi tis megístis moy ektimíseos.

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

Je vous prie d'agréer, Messieurs, l'assurance de ma plus haute considération.

Vogliate gradire, Signori, i sensi della mia più alta considerazione.

Ik verzoek U, Mijne Heren, de verzekering van mijn bijzondere hoogachting te willen aanvaarden.

Queiram aceitar, Excelentíssimos Senhores, a expressão da minha mais alta consideração.

En nombre del Consejo de las Comunidades Europeas

Paa vegne Raadet for De Europaeiske Faellesskaber

Im Namen des Rates der Europaeischen Gemeinschaften

Ex onómatos toy Symvoylíoy ton Evropaïkón Koinotíton

On behalf of the Council of the European Communities

Au nom du Conseil des Communautés européennes

A nome del Consiglio delle Comunità europee

Namens de Raad van de Europese Gemeenschappen

Em nome do Conselho das Comunidades Europeias

Letter No 2

Brussels, 19 January 1987

Sir,

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

'The representatives of the ACP States referred to in Protocol 7 on ACP sugar annexed to the Third ACP-EEC Convention and of the Commission on behalf of the European Economic Community, have agreed, pursuant to the provisions of the said Protocol, to submit to their competent authorities for approval, to be the subject of an Exchange of Letters between the ACP States concerned and the Community, the following.

For the period 1 July 1986 to 30 June 1987 the guaranteed prices referred to in Article 5 (4) of the Sugar Protocol shall, for the purpose of intervention within the terms of Article 6 of that Protocol, be:

1.2 // (a) for raw sugar: // 44,92 ECU per 100 kilograms; // (b) for white sughar: // 55,39 ECU per 100 kilograms.

These prices represent no increase over those applicable for the preceding delivery period and shall refer to sugar of standard quality as defined in Community legislation, unpacked, cif free out European ports of the Community. The introduction of these prices in no way prejudices the respective positions of the Contracting Parties in respect of the principles appertaining to the determination of the guaranteed prices.

Although retroactivity is not provided for in respect of the 1986/87 prices, it is agreed that this year's decision does not prejudice the position of the ACP States in relation to retroactivity in any future negotiation in accordance with Article 4 (3) of Protocol 7 annexed to the Third ACP-EEC Convention.

It was noted that, in the view of the ACP States, the problem of ocean freight costs remained an outstanding and pressing matter which required immediate consideration and resolution.

I should be obliged if you would acknowledge receipt of this letter and confirm that this letter and your reply constitute an Agreement between the Governments of the ACP States concerned and the Community.'.

I have the honour to confirm the Agreement of the Governments of the ACP States concerned with the foregoing.

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

Le ruego acepte, Señor, el testimonio de mi más alta consideración.

Modtag, hr., forsikringen om min mest udmaerkede hoejagtelse.

Genehmigen Sie, sehr geehrter Herr, den Ausdruck meiner ausgezeichnetsten Hochachtung.

Parakaló dechtheíte, Kýrie, ti diavevaíosi tis megístis moy ektimíseos.

Veuillez agréer, Monsieur, l'assurance de ma très haute considération.

Voglia gradire, Signore, i sensi della mia più alta considerazione.

Gelieve, Mijnheer, de verzekering van mijn bijzondere hoogachting te aanvaarden.

Queira aceitar, Excelentíssimo Senhor, a expressão da minha mais alta consideração.

For the Government of Barbados

For the Government of Belize

Pour le gouvernement de la république populaire du Congo

Pour le gouvernement de la république de Côte-d'Ivoire For the Government of Fiji

For the Government of the Cooperative Republic of Guyana

For the Government of Jamaica

For the Government of the Republic of Kenya

Pour le gouvernement de la république démocratique de Madagascar

For the Government of the Republic of Malawi Pour le gouvernement de l'île Maurice

For the Government of Saint Christopher and Nevis

Namens de Regering van de Republiek Suriname

For the Government of the Kingdom of Swaziland

For the Government of the United Republic of Tanzania For the Government of Trinidad and Tobago

For the Government of the Republic of Uganda

For the Government of the Republic of Zimbabwe