AGREEMENT in the form of an Exchange of Letters on the provisional application of the Protocol defining, for the period 3 May 1989 to 2 May 1990, the fishing opportunities and financial compensation provided for in the Agreement between the European Economic Community and the People's Republic of Angola on fishing off Angola

A. Letter from the Government of Angola Sir,

With reference to the Protocol initialled on 10 May 1989 defining, for the period 3 May 1989 to 2 May 1990, the fishing opportunities and financial compensation, I have the honour to inform you that the Government of Angola is prepared to apply the Protocol on a provisional basis with effect from 3 May 1989 pending its entry into force in accordance with Article 7 thereof, provided that the European Economic Community is disposed to do the same.

This is on the understanding that the financial compensation fixed in Article 2 of the Protocol must be paid before 30 September 1989.

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

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

For the Government of

the People's Republic of Angola

B. Letter from the Community Sir,

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

´With reference to the Protocol initialled on 10 May 1989 defining, for the period 3 May 1989 to 2 May 1990, the fishing opportunities and financial compensation, I have the honour to inform you that the Government of Angola is prepared to apply the Protocol on a provisional basis with effect from 3 May 1989 pending its entry into force in accordance with Article 7 thereof, provided that the European Economic Community is disposed to do the same.

This is on the understanding that the financial compensation fixed in Article 2 of the Protocol must be paid before 30 September 1989.

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

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

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

For the Council of

the European Communities