31990R3942

COUNCIL REGULATION (EEC) N° 3942/90

of 19 December 1990

on the conclusion of the Protocol defining, for the period 3 May 1990 to 2 May 1992, the fishing opportunities and financial compensation provided for in the Agreement between the European Economic Community and the Government of the People's Republic of Angola on fishing off Angola

THE COUNCIL OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community, and in particular Article 43 thereof,

Having regard to the proposal from the Commission (1),

Having regard to the opinion of the European Parliament (2),

Whereas the two parties have held negotiations pursuant to the Agreement between the European Economic Community and the Government of the People's Republic of Angola on fishing off Angola (3), signed in Luanda on 1 February 1989, to determine the amendments or additions to be made to the Agreement on the expiry of the application period of the second Protocol annexed thereto;

Whereas, as a result of those negotiations, a new Protocol defining, for the period 3 May 1990 to 2 May 1992, the fishing opportunities and financial compensation provided for in the said Agreement was initialled on 4 April 1990;

Whereas it is in the Community's interest to approve the Protocol,

HAS ADOPTED THIS REGULATION:

Article 1

The Protocol defining, for the period 3 May 1990 to 2 May 1992, the fishing opportunities and financial compensation provided for in the Agreement between the European Economic Community and the Government of the People's Republic of Angola on fishing off Angola is hereby approved on behalf of the Community.

The text of the Protocol is attached to this Regulation.

Article 2

The President of the Council is hereby authorized to designate the persons empowered to sign the Protocol in order to bind the Community.

Article 3

This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

Done at Brussels, 19 December 1990.

For the Council

The President

C. VIZZINI

(1) OJ N° C 181, 21. 7. 1990, p. 3.

(2) Opinion delivered on 14 December 1990 (not yet published in the Official Journal).

(=) OJ N° L 341, 3. 12. 1987, p. 2.