AGREEMENT

in the form of an exchange of letters between the European Economic Community and the People's Democratic Republic of Algeria fixing the additional amount to be deducted from the levy on imports into the Community of untreated olive oil, originating in Algeria, for the period 1 November 1987 to 31 December 1993

Letter No 1

Sir,

Annex B to the Cooperation Agreement between the European Economic Community and the People's Democratic Republic of Algeria stipulates that for untreated olive oil falling within CN codes 1509 10 10, 1509 10 90 and 1510 00 10 the amount to the deducted from the amount of the levy in accordance with Article 16 (1) (b) of the Cooperation Agreement may, in order to take account of certain factors and of the situation on the olive oil market, be increased by an additional amount under the same conditions and arrangements as laid down for the application of the abovementioned provision.

I have the honour to inform you that, having regard to the criteria specified in the aforementioned Annex, the Community will take the necessary steps to fix the additional amount at ECU 12,09 per 100 kilograms.

By way of derogation from Article 2 of Annex B to the Cooperation Agreement, this Agreement in the form of an exchange of letters shall remain in force for the period from 1 November 1987 to 31 December 1993 unless it is denounced by one of the Parties at least three months before the end of each marketing year.

I should be grateful if you would acknowledge receipt of this letter and confirm your Government's agreement to its content.

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

On behalf of the Council of the European Communities

Letter No 2

Sir,

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

'Annex B to the Cooperation Agreement between the European Economic Community and the People's Democratic Republic of Algeria stipulates that for untreated olive oil falling within CN codes 1509 10 10, 1509 10 90 and 1510 00 10 the amount to be deducted from the amount of the levy in accordance with Article 16 (1) (b) of the Cooperation Agreement may, in order to take account of certain factors and of the situation on the olive oil market, be increased by an additional amount under the same conditions and arrangements as laid down for the application of the abovementioned provision.

I have the honour to inform you that, having regard to the criteria specified in the aforementioned Annex, the Community will take the necessary steps to fix the additional amount at ECU 12,09 per 100 kilograms.

By way of derogation from Article 2 of Annex B to the Cooperation Agreement, this Agreement in the form of an exchange of letters shall remain in force for the period from 1 November 1987 to 31 December 1993 unless it is denounced by one of the Parties at least three months before the end of each marketing year.

I should be grateful if you would acknowledge receipt of this letter and confirm your Government's agreement to its content.`

I am able to confirm the agreement of my Government to the foregoing.

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

For the Government of the People's Democratic Republic of Algeria