concerning aid that the Italian Government proposes to grant to the public steel sector as consented to unanimously by the Council at its meeting of 13 December 1988 , and from the Protocol No 20 to the ACT of Accession of Portugal to the European Communities. USA : The benefits provided by Section 9303 ( e) ( 3 ) of the Omnibus Budget Reconciliation Act of 1987 ( 24 USC 412) concerning reduced pension funding requirement for steel companies . Any cost reduction or benefits under Chapter 11 of Title 11 of the United States Code, ( 11 USC Sections 1101-1146 ), concerning voluntary bankruptcy proceedings. ---pagebreak--- N° 1 368 / 182 Jornal Oficial das Comunidades Europeias 18 . 12 . 89 Dear Madame Ambassador, I have the honour to acknowledge receipt of your letter of today's date , which reads as follows : ' '( J ) I have the honour to confirm the agreement of the European Communities to the content of your letter. Please accept , Madame Ambassador, the assurance of my highest consideration . Sincerely, For the Council and the Commission of the European Communities Í 1 ) See pages 139-143 of this Official Journal. ---pagebreak--- 18.12.89 Jornal Oficial das Comunidades Europeias N? L 368 / 183 Information on the signing of the Arrangements and the Consensus between the European Economic Community and the United States in the steel sector The Arrangements and the Consensus in the steel sector which the Council decided , on 6 November 1989 , to conclude with the United States were signed on 20 November 1989 .