TNAG-2496-FCO40-3632-Relations-between-Hong-Kong-and-Macao-(Macau)-1992 — Page 47

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Letter No 2

sirs,

I have the honour to acknowledge receipt of your letter and confirm the agreement of my Government with the following:

"When the Agreement on cooperation between the European Economic Community and Brazil was signed, the Parties undertook to address in the appropriate manner Issues relating to the operation of shipping, particularly where the development of trade might be hindered. Mutually satisfactory solutions on shipping will be sought, while the principle of free and fair competition on a commercial basis is observed.

It has likewise been agreed that such issues should also be discussed by the Joint Committee."

Please accept, Sirs, the assurance of my highest consideration.

For the Government

of the Federative Republic of Brazil