29.7.98 Official Journal of the European Communities L211/1 (Acts whose publication is obligatory) COUNCIL REGULATION (EC) No 1660/98 of 20 July 1998 approving the Protocol establishing the fishing possibilities and the financial compensation provided for in the Agreement between the European Economic Community and the Government of the Revolutionary People’s Republic of Guinea on fishing off the Guinean coast for the period 1 January 1998 to 31 December 1999 THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, and in particular Article 43, in conjunction with the first sentence of Article 228(2) and the first subparagraph of Article 228(3) thereof, Having regard to the proposal from the Commission, Having regard to the opinion of the European Parlia- ment ('), Whereas, pursuant to the Agreement between the Euro- pean Economic Community and the Government of the Revolutionary People’s Republic of Guinea on fishing off the Guinean coast(?), the two Parties have conducted negotiations to determine any amendments and additions to be made to the Agreement at the end of the period of application of the Protocol annexed thereto; Whereas, as a result of those negotiations, a new Protocol establishing the fishing possibilities and the financial compensation provided for in the abovementioned Agree- ment for the period 1 January 1998 to 31 December 1999 was initialled on 11 December 1997; Whereas it is in the Community’s interest to approve the new Protocol; Whereas the fishing possibilities should be apportioned among the Member States on the basis of the traditional allocation of fishing possibilities under the fisheries Agreement, HAS ADOPTED THIS REGULATION: Article 1 The Protocol establishing the fishing possibilities and the financial compensation provided for in the Agreement between the European Economic Community and the Government of the Revolutionary People’s Republic of Guinea on fishing off the Guinean coast for the period 1 210, 6. 7. 1998. 111, 27. 4. 1983, p. 1. 00 =< =0 January 1998 to 31 December 1999 is hereby approved on behalf of the Community. The text of the Protocol is attached to this Regulation (3). Article 2 The fishing possibilities laid down in the Protocol shall be allocated among the Member States, according to gross registered tonnage and number of vessels, as follows: (a) cephalopods/fin-fish: Spain: 1350 GRT Italy: 1200 GRT Greece: 1 450 GRT (b) shrimps: Spain: 700 GRT Portugal: 200 GRT Greece: 100 GRT (c) tuna seiners: France: 19 vessels Spain: 14 vessels (d) pole-and-line tuna vessels: France: 8 vessels Spain: 5 vessels (e) surface longliners: France: 3 vessels Spain: 23 vessels Portugal: 2 vessels. If licence applications from those Member States do not exhaust the fishing possibilities established in the Protocol, the Commission may consider licence applica- tions from any other Member States. () For the text of the Protocol, see OJ 196, 14. 7. 1998, p. 28.