Fisheries Policy," SEC(91) 2288, Brussels, December 18. 1991. p. 39 and other EC documents. (*) Since 1980, the EC has been paying Sweden an 

 annual contribution towards the costs of salmon breeding. This contribution amounted to ECU 765,000 (US$926,000) in 1981 . 



Exchange rate converted at US$1.00 equals ECU0.89 (or ECUl.OO = US$1.13) based on market rate on August 10, 1993.. 



The EC has agreed to extend the agreement, but negotiators have not yet met. The number of licenses will be decreased as will the level of 

 payments according to preliminary information. 



315 



