Agreement in the form of an Exchange of Letters between the European Economic Community and the Kingdom of Norway relating to the Agreement on fisheries between the European Economic Community and the Kingdom of Norway

The Norwegian party declares its firm objective to seek, through appropriate and efficient management measures, to reach a long term maximum sustainable TAC on a level of the historic mean of some 600 000 to 700 000 tonnes of Arcto Norwegian cod. Norway will also undertake from 1993 to allocate to the Community an additional quota of Arcto Norwegian cod in the Norwegian economic zone north of 62 degrees northern latitude. This quota shall be 1993: 6 000 tons of cod, 1994: 7 250 tons of cod, 1995: 8 500 tons of cod, 1996: 9 750 tons of cod, 1997: 11 000 tons of cod. The European Economic Community has the honour to confirm that is in agreement with the contents of the letter.