L7316 Official Journal of the European Communities 15.3.2002 II (Acts whose publication is not obligatory) COUNCIL COUNCIL DECISION of 1 March 2002 on the conclusion of the Agreement in the form of an Exchange of Letters concerning the provisional application of the Protocol setting out the fishing opportunities and the financial contribution provided for by the Agreement between the European Community and the Gabonese Republic on fishing off the coast of Gabon for the period 3 December 2001 to 2 December 2005 (2002/220/EC) THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Article 300(2) thereof, Having regard to the proposal from the Commission, Whereas: (1) Under the second subparagraph of Article 14 of the Agreement between the European Community and the Gabonese Republic on fishing off the coast of Gabon ('), the Community and the Gabonese Republic have held negotiations with a view to determining amendments or additions to be made to that Agreement at the end of the period of validity of the Protocol annexed thereto. (2)  As a result of these negotiations, a new Protocol was initialled on 20 September 2001. (3)  Under this Protocol, Community fishermen enjoy fishing opportunities in the waters falling within the sovereignty or jurisdiction of the Gabonese Republic for the period from 3 December 2001 to 2 December 2005. (4)  In order to ensure uninterrupted fishing activities by Community vessels, it is essential that the new Protocol be applied as quickly as possible. For this reason, the two parties have initialled an Agreement in the form of an Exchange of Letters providing for the provisional application of the initialled Protocol from 3 December 2001. (5)  The allocation of the fishing opportunities among the Member States should be defined, HAS DECIDED AS FOLLOWS: Article 1 The Agreement in the form of an Exchange of Letters concerning the provisional application of the Protocol setting out the fishing opportunities and the financial contribution provided for by the Agreement between the European Community and the Gabonese Republic on fishing off the coast of Gabon for the period 3 December 2001 to 2 December 2005 is hereby approved on behalf of the Community. The texts of the Agreement in the form of an Exchange of Letters and of the Protocol are attached to this Decision. () O] L 308, 18.11.1998, p. 4.