The purpose of this Agreement is to establish the principles and rules intended in future to govern all aspects of relations in the sphere of fisheries between the Community and Angola, including the fishing activities of vessels flying the flags of Member States of the Community, hereinafter referred to as ‘Community vessels’, in the waters over which Angola has sovereignty or jurisdiction in respect of fisheries, hereinafter referred to as ‘Angola's fishing zone’, in accordance with the provisions of the United Nations Convention on the Law of the Sea and other rules of international law.

The Parties undertake to consult each other, either directly or within international organizations, in order to ensure the management and conservation of the living resources in the Atlantic Ocean. The Parties shall make every effort to establish collaboration between fisheries research institutes in Angola and in the Member States of the Community in respect of research programmes and the exchange of information.

The vessels authorized to fish in Angola's fishing zone in the framework of this Agreement shall communicate to the competent authorities in Angola statements of catch in accordance with the procedure laid down in the Annex.

In return for the fishing opportunities granted under Article 2, the Community shall pay financial compensation to Angola, in accordance with the conditions and arrangements stipulated in the Protocol annexed to this Agreement, without prejudice to the financing received by Angola under the Lomé Convention.

The Parties agree to enter into consultations in the event of a dispute concerning the interpretation or application of this Agreement.

A joint committee shall be set up to ensure that this Agreement is correctly applied.

The said committee shall meet yearly or at the request of either Contracting Party, alternately in Angola and in the Community.

Should the authorities of Angola decide, as a result of developments in the state of stocks, to take conservation measures which affect the activities of Community vessels, consultations shall be held between the Parties in order to adapt the Annex and the Protocol to this Agreement, account being taken of the financial compensation already paid by the Community.

Nothing in this Agreement shall affect or prejudice in any manner the view of either Party with respect to any matter relating to the Law of the Sea.

This Agreement shall apply, on the one hand, to the territory of the People's Republic of Angola and, on the other hand, to the territories in which the Treaty establishing the European Economic Community is applied and under the conditions laid down in that Treaty,

The Annex and the Protocol shall form an integral part of this Agreement and a reference to this Agreement shall also constitute a reference to the Annex and Protocol.

This Agreement shall be concluded for an initial period of three years from the date of its entry into force. Unless one of the Parties ends it by giving notice to that effect six months before the date of expiry of the three-year period, it shall remain in force for further periods of two years unless denounced by notice given at least three months before the date of expiry of each such two-year period.

At the end of the three-year period, and thereafter at the end of each two-year period, the Contracting Parties shall enter into negotiations to determine by common agreement what amendments or additions to the Annex or Protocol are required. The Contracting Parties shall also enter into negotiations when one of them gives notice denouncing the Agreement.

This Agreement, drawn up in duplicate in the Danish, Dutch, English, French, German, Greek, Italian, Portuguese and Spanish languages, each of these texts being equally authentic, shall enter into force on the date of its signature.

From 3 May 1987, for a period of two years, the limits referred to in Article 2 of the Agreement shall be as follows:

1. 1.

   Shrimp vessels: 12 000 GRT per month as a yearly average.

   However, the quantities to be fished by Community vessels may not exceed 10 000 tonnes of shrimps per year, of which 30 % shall be prawns and 70 % shrimps.

2. 2.

   Ocean-going tuna freezer boats: 25 vessels.

The Community shall assist Angolan nationals in obtaining places for study and training in establishments in its Member States or in the ACP States and shall provide for that purpose, during the period referred to in Article 1,12 study grants of a maximum duration of five years, equivalent to 60 years of study, in scientific, technical, legal, economic and other subjects connected with fisheries.

Two of these grants, equivalent to a sum of no more than 90 000 ECU, may be used to finance the cost of participation in international conferences aimed at improving knowledge regarding fisheries resources.

Should the Community fail to make the payments provided for in Articles 2 and 3 within the time limits laid down, the application of the Agreement may be suspended.