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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, Jamaica, the Republic of Kenya, the Democratic Republic of Madagascar, the Republic of Malawi, Mauritius, the Republic of Surinam, the Kingdom of Swaziland, the United Republic of Tanzania, Trinidad and Tobago, the Republic of Uganda and the Republic of Zimbabwe on the guaranteed prices for cane sugar for the 1982/83 delivery period

Letter No 1

Luxembourg, . . . . . .

Sir,

The representatives of the ACP States referred to in Protocol 7 on ACP sugar annexed to the Second ACP-EEC Convention, and of the Commission, on behalf of the European Economic Community, have agreed within the framework of the negotiations provided for in Article 5 (4) of the said Protocol, on the following.

For the delivery period 1 July 1982 to 30 June 1983, the guaranteed prices referred to in Article 5 (4) of the Protocol shall, for the purpose of intervention within the terms of Article 6 of the Protocol, be:

(a) for raw sugar: 42;63 ECU per 100 kilograms;

(b) for white sugar: 52;62 ECU per 100 kilograms.

These prices shall refer to sugar of standard quality as defined in Community legislation, unpacked, cif free out European ports of the Community.

Although retroactivity is not provided for in respect of the 1982/83 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 the abovementioned Protocol.

It was agreed that an urgent examination of the problem of ocean freight, as presented by the ACP States, should be undertaken by the Contracting Parties and that the results should be presented in good time before the negotiation of guaranteed prices for ACP sugar for 1983/84.

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 abovementioned ACP States and the Community.

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

For the Council

of the European Communities

Letter No 2

Brussels, . . . . . .

Sir,

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

'The representatives of the ACP States referred to in Protocol 7 on ACP sugar annexed to the Second ACP-EEC Convention, and of the Commission, on behalf of the European Economic Community, have agreed, within the framework of the negotiations provided for in Article 5 (4) of the said Protocol, on the following:

For the delivery period 1 July 1982 to 30 June 1983, the guaranteed prices referred to in Article 5 (4) of the Protocol shall, for the purpose of intervention within the terms of Article 6 of the Protocol, be:

(a) for raw sugar: 42;63 ECU per 100 kilograms;

(b) for white sugar: 52;62 ECU per 100 kilograms.

These prices shall refer to sugar of standard quality as defined in Community legislation, unpacked, cif free out European ports of the Community.

Although retroactivity is not provided for in respect of the 1982/83 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 the abovementioned Protocol.

It was agreed that an urgent examination of the problem of ocean freight, as presented by the ACP States, should be undertaken by the Contracting Parties and that the results should be presented in good time before the negotiation of guaranteed prices for ACP sugar for 1983/84.

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 abovementioned ACP States and the Community.'

I have the honour to confirm the agreement of the Governments of the ACP States referred to in this letter with the foregoing.

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

For the Governments