29.4.2004 Official Journal of the European Union L 127/25 COUNCIL REGULATION (EC) No 829/2004 of 26 April 2004 on the conclusion of the Agreement in the form of an Exchange of Letters concerning the provi- sional application of amendments to the Protocol establishing the fishing opportunities and the compensation provided for in the Agreement between the European Economic Community and the Government of the Republic of Guinea-Bissau on fishing off the coast of Guinea-Bissau for the period 16 June 2001 to 15 June 2006, and in Decision 2001/179/EC setting the terms for financial support to Guinea-Bissau in the fisheries sector THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Com- munity, and in particular Article 37 in conjunction with Article 300(2) and the first subparagraph of Article 300(3) thereof, Having regard to the proposal from the Commission, Having regard to the opinion of the European Parliament ('), Whereas: (1) In accordance with the Agreement between the Euro- pean Economic Community and the Government of the Republic of Guinea-Bissau on fishing off the coast of Guinea-Bissau (3, (Fisheries Agreement) the two Parties met within the Joint Committee provided for in Article 11 of that Agreement. The aim of this meeting was to analyse all aspects of the implementation of the Protocol establishing the fishing opportunities and the financial compensation provided for in the Fisheries Agreement for the period from 16 June 2001 to 15 June 2006 () and of the Decision 2001/179/EC (*) so as to determine any amendments or additions to be made. (2)  Following this meeting, an Agreement in the form of an Exchange of Letters setting out technical changes and changes to the fishing opportunities and compensation provided for in the Fisheries Agreement and in Decision 2001/179/EC was signed on 20 May 2003. (3)  The method of allocating the fishing opportunities among the Member States should be defined on the basis of the traditional allocation of fishing opportunities under the Fisheries Agreement. (4) It is in the Community's interest to approve the Agree- ment in the form of an Exchange of Letters, HAS ADOPTED THIS REGULATION: Article 1 The Agreement in the form of an Exchange of Letters concerning the provisional application of amendments to the Protocol establishing the fishing opportunities and the compen- sation provided for in the Agreement between the European Economic Community and the Government of the Republic of Guinea-Bissau on fishing off the coast of Guinea-Bissau for the (") Opinion delivered on 1 April 2004 (not yet published in the Official Journal). () OJ L 226, 29.8.1980, p. 33. () OJL 19, 22.1.2002, p. 35. () OJ L 66, 8.3.2001, p. 33. period 16 June 2001 to 15 June 2006, and in Decision 2001/ 179/EC setting the terms for financial support to Guinea-Bissau in the fisheries sector is hereby approved on behalf of the Com- munity. The text of the Agreement in the form of an Exchange of Letters is attached to this Regulation. Article 2 1. The fishing opportunities provided for in the Fisheries Agreement shall be allocated among the Member States as follows: (a) shrimp: — Italy 1776 GRT, — Spain 1421 GRT, — Portugal 1066 GRT, — Greece 137 GRT; (b) fin-fish/cephalopods: — Spain 3143 GRT, — Ttaly 786 GRT, — Greece 471 GRT; (c) tuna seiners: — Spain 20 vessels, — France 19 vessels, — Ttaly 1 vessel; (d) surface longliners and pole-and-line vessels: — Spain 21 vessels, — France 5 vessels, — Portugal 4 vessels. 2. If licence applications from the Member States referred to in paragraph 1 do not cover all the fishing opportunities fixed by the Protocol, the Commission may consider licence applica- tions from any other Member State.