Council Regulation (EC) No 723/2001 of 4 April 2001 on the conclusion of the Protocol establishing for the period 1 July 2000 to 30 June 2001 the fishing rights and financial compensation provided for in the Agreement between the European Economic Community and the Government of the Republic of Equatorial Guinea on fishing off the coast of Equatorial Guinea

Council Regulation (EC) No 723/2001
of 4 April 2001
on the conclusion of the Protocol establishing for the period 1 July 2000 to 30 June 2001 the fishing rights and financial compensation provided for in the Agreement between the European Economic Community and the Government of the Republic of Equatorial Guinea on fishing off the coast of Equatorial Guinea
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(1),
Having regard to the opinion of the European Parliament(2),
Whereas:
(1) Pursuant to the Agreement between the European Economic Community and the Government of the Republic of Equatorial Guinea on fishing off the coast of Equatorial Guinea(3), hereinafter referred to as the "Agreement", the two Parties conducted negotiations with a view to extending the Protocol(4), which was initialled on 25 June 1997 and expired on 30 June 2000.
(2) As a result of these negotiations, a new Protocol establishing the fishing opportunities and financial compensation provided for in the Agreement for the period 1 July 2000 to 30 June 2001, hereinafter referred to as the "Protocol", was initialled on 16 June 2000.
(3) It is in the Community's interest to approve the Protocol,