Exchange of letters between the European Economic Community and the Czech Republic concerning Article 68

A. Letter from the Community

Sir,

I have the honour to refer to the discussions concerning Article 68 of the Europe Agreement.

I hereby confirm that with regard to the provisions of Article 68 of the Europe Agreement, the access to contract award procedures in the Czech Republic granted to Community companies upon entry into force of the Agreement pursuant to Article 68 shall apply to Community companies established in the Czech Republic in the form of subsidiaries as described in Article 45 and in the forms described in Article 55. Notwithstanding the provisions of Article 68, Community companies established in the Czech Republic in the form of branches and agencies as described in Article 45 shall have access to contract award procedures in the Czech Republic at the latest by the end of the transitional period referred to in Article 7.

I should be obliged if you would confirm that the Government of the Czech Republic is in agreement with the contents of this letter.

Please accept, Sir, the assurance of may highest consideration.

On behalf of the Council of the European Communities

B. Letter from the Czech Republic

Sir,

I have the honour to acknowledge receipt of your letter of today's date which reads as follows:

'I have the honour to refer to the discussions concerning Article 68 of the Europe Agreement.

I hereby confirm that with regard to the provisions of Article 68 of the Europe Agreement, the access to contract award procedures in the Czech Republic granted to Community companies upon entry into force of the Agreement pursuant to Article 68 shall apply to Community companies established in the Czech Republic in the form of subsidiaries as described in Article 45 and in the forms described in Article 55. Notwithstanding the provisions of Article 68, Community companies established in the Czech Republic in the form of branches and agencies as described in Article 45 shall have access to contract award procedures in the Czech Republic at the latest by the end of the transitional period referred to in Article 7.

I should be obliged if you would confirm that the Government of the Czech Republic is in agreement with the contents of this letter.`

I have the honour to confirm that my Government is in agreement with the contents of this letter.

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

For the Government of the Czech Republic