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AGREEMENT

in the form of an Exchange of Letters concerning the provisional application of the Agreement between the European Economic Community and the Government of the People's Republic of Angola on fishing off Angola, initialled in Brussels on 30 April 1987, for the period beginning on 3 May 1987

A. Letter from the Government of the People's Republic of Angola

Brussels,

Sir,

With reference to the Agreement between the European Economic Community and the Government of the People's Republic of Angola, initialled on 30 April 1987, I have the honour to inform you that the People's Republic of Angola is ready to apply this Agreement on a provisional basis, with effect from 3 May 1987, until its entry into force in accordance with Article 15 of the said Agreement, provided that the European Economic Community is prepared to do the same.

This is on the understanding that payment of a first instalment, equal to one half of the financial compensation specified in the Agreement, must be effected by 30 September 1987.

We 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 People's Republic of Angola

B. Letter from the European Economic Community

Brussels,

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 People's Republic of Angola, initialled on 30 April 1987, I have the honour to inform you that the People's Republic of Angola is ready to apply this Agreement on a provisional basis, with effect from 3 May 1987, until its entry into force in accordance with Article 15 of the said Agreement, provided that the European Economic Community is prepared to do the same.

This is on the understanding that payment of a first instalment, equal to one half of the financial compensation specified in the Agreement, must be effected by 30 September 1987.

We should be obliged if you would confirm the European Economic Community's agreement to this provisional application of the Agreement.

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

On behalf of the

Council of the European Communities