ADDITIONAL PROTOCOL

to the Agreement between the European Economic Community and Iceland consequent on the Accession of the Republic of Bulgaria and Romania to the European Union

THE EUROPEAN COMMUNITY

and

ICELAND

HAVING REGARD to the Agreement between the European Economic Community and Iceland signed in Brussels on 22 July 1972, hereinafter called the ‘Agreement’, and to the existing arrangements for trade in fish and fishery products between Iceland and the Community,

HAVING REGARD to the accession of the Republic of Bulgaria and Romania to the European Union,

HAVING REGARD to the Agreement on the Participation of the Republic of Bulgaria and Romania in the European Economic Area,

HAVING REGARD to the existing regime for trade in fish and fishery products between Iceland and the Republic of Bulgaria and Romania,

HAVE DECIDED to determine by common accord the adjustments to the Agreement consequent on the accession of the Republic of Bulgaria and Romania to the European Union,

AND TO CONCLUDE THIS PROTOCOL,

Article 1 The text of the Agreement, the Annexes and Protocols, which form an integral part thereof, the Final Act and the declarations annexed thereto shall be drawn up in Bulgarian and Romanian languages and those texts shall be authentic in the same way as the original texts. The Joint Committee shall approve the Bulgarian and Romanian texts.

Article 2 The special provisions applicable to imports into the Community of certain fish and fishery products originating in Iceland are laid down in this Protocol and the Annex thereto. The annual duty free quotas provided for in the Annex to this Protocol shall be implemented for the period 1 January 2007 to 30 April 2009. The quota levels shall be reviewed by the end of that period taking into account all relevant interests. The quota levels for 2007 shall not be effectively reduced because the enlargement of the European Economic Area did not take place on 1 January 2007. The tariff quota volumes for 2009 shall be reduced according to their application until 30 April 2009.

Article 3 This Protocol shall be ratified or approved by the Contracting Parties in accordance with their own procedures. The instruments of ratification or approval shall be deposited with the General Secretariat of the Council of the European Union. It shall enter into force on the day following the deposit of the last instrument of ratification or approval provided that the instruments of ratification or approval of the following related agreements have been deposited as well: (i) Agreement on the Participation of the Republic of Bulgaria and Romania in the European Economic Area; (ii) Agreement in the form of an Exchange of Letters between the European Community and the Kingdom of Norway concerning a Cooperation Programme for Economic Growth and Sustainable Development in Bulgaria; (iii) Agreement in the form of an Exchange of Letters between the European Community and the Kingdom of Norway concerning a Cooperation Programme for Economic Growth and Sustainable Development in Romania; and (iv) Additional Protocol to the Agreement between the European Economic Community and the Kingdom of Norway consequent on the accession of the Republic of Bulgaria and Romania to the European Union.

Article 4 This Protocol is drawn up in duplicate, in the Bulgarian, Czech, Danish, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish, Swedish and Icelandic languages each of these texts being equally authentic.