Council Regulation (EC) No 1927/2004 of 21 October 2004 on the conclusion of the Agreement in the form of an Exchange of Letters concerning the extension of the Protocol setting out the fishing opportunities and financial contribution provided for in the Agreement between the European Economic Community and the Republic of Cape Verde on fishing off the coast of Cape Verde for the period 1 July 2004 to 30 June 2005

6.11.2004 EN Official Journal of the European Union L 332/1
COUNCIL REGULATION (EC) No 1927/2004
of 21 October 2004
on the conclusion of the Agreement in the form of an Exchange of Letters concerning the extension of the Protocol setting out the fishing opportunities and financial contribution provided for in the Agreement between the European Economic Community and the Republic of Cape Verde on fishing off the coast of Cape Verde for the period 1 July 2004 to 30 June 2005
THE COUNCIL OF THE EUROPEAN UNION
,
Having regard to the Treaty establishing the European Community, and in particular Article 37 in conjunction with Article 300(2) and the first subparagraph of Article 300(3) thereof,
Having regard to the proposal from the Commission,
Having regard to the Opinion of the European Parliament (1),
Whereas:
(1) Under the Agreement between the European Economic Community and the Republic of Cape Verde on fishing off the coast of Cape Verde (2), the Contracting Parties are to enter into negotiations, before the end of the period of validity of the Protocol to the Agreement, in order to determine by common accord the terms of the Protocol for the following period and, where appropriate, any necessary amendments or additions to the Annex.
(2) Pending negotiations on the amendments to be made to the existing Protocol (3) approved by Regulation (EC) No 301/2002 (4), the two Parties have decided to extend its validity for one year by means of an Agreement in the form of an Exchange of Letters.
(3) It is in the Community's interest to approve this extension.
(4) The allocation of fishing opportunities among the Member States under the Protocol approaching expiry should be confirmed,