Council Regulation (EC) No 428/2000 of 14 February 2000 on the conclusion of the Protocol setting out for the period 1 June 1999 to 31 May 2002 the fishing opportunities and the financial contribution provided for in the Agreement between the European Economic Community and the Government of the Democratic Republic of São Tomé e Príncipe of fishing off the coast of São Tomé e Príncipe

COUNCIL REGULATION (EC) No 428/2000
of 14 February 2000
on the conclusion of the Protocol setting out for the period 1 June 1999 to 31 May 2002 the fishing opportunities and the financial contribution provided for in the Agreement between the European Economic Community and the Government of the Democratic Republic of São Tomé e Príncipe of fishing off the coast of São Tomé e Príncipe
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) In accordance with the Agreement between the European Economic Community and the Government of the Democratic Republic of São Tomé e Príncipe on fishing off the coast of São Tomé e Príncipe(2), the two parties have held negotiations with a view to determining the amendments or additions to be made to the Agreement at the end of the period of application of the Protocol.
(2) As a result of those negotiations, a new Protocol setting out, for the period from 1 June 1999 to 31 May 2002, the fishing rights and financial compensation provided for in the abovementioned Agreement was initialled on 31 May 1999.
(3) It is in the Community's interest to approve the Protocol covered by this Regulation.
(4) The method for allocating the fishing opportunities among the Member States should be defined on the basis of the traditional allocation of fishing opportunities under the Fisheries Agreement,