Agreement in the form of exchange of notes on the further extension of, and amendments to, the Agreement between the United States of America and the European Economic Community concerning fishing off the coast of the Unietd States.

The purpose of the principal Agreement of 1984 is to promote effective conservation, rational management and the achievement of optimum yield in the fisheries of mutual interests off the coast of the United States, to facilitate rapid and full development of the United States Fishing Industry and to establish a common understanding of the principles and procedures under which fishing may be conducted by nationals and vessels of the member States of the Community for living resources over which the United States has sovereign rights to explore, exploit, conserve and manage. The Agreement is extended until 1 July 1991. Amendments are made to provisions providing for the allowing of access and the determination of allowable catch (III), to provisions outlining methods of determination of surplus that may be made available to the Community (IV), to provisions prescribing permits and fees (VII) and to provisions regulating research and the making available of data (XII).