European Economic Community and the Republic of Singapore on trade in textile and clothing products, initialled in Brussels on 26 November 1992, the Parties agreed that Singapore shall endeavour not to deprive certain regions of the Community which have traditionally had relatively small shares of Community quotas of imports of products serving as inputs for their processing industry. The Community and Singapore further agreed to hold consultations, should the need arise, in order to avert any problems which might occur in this respect. The Parties agreed that this Agreed Minute replaces the corresponding Agreed Minute of the Agreement on this subject. For the Governmentof the Republic of SingaporeFor the Councilof the European CommunitiesAppendix 7 Agreed Minute N° 4In the context of the Agreement between the European Economic Community and the Republic of Singapore on trade in textile and clothing products, applied since 1 January 1987, as extended by the exchange of letters initialled on 25 October 1991 and further extended by the exchange of letters initialled on 26 November 1992, Singapore agreed that, from the date of request for and pending the consultations referred to in Article 12 (3), it shall cooperate by not issuing export licences that would further aggravate the problems resulting from the regional concentration of direct imports into the Community. For the Governmentof the Republic of SingaporeFor the Councilof the European CommunitiesExchange of notes The Mission of the Republic of Singapore to the European Communities presents its compliments to the Directorate-General for External Relations of the Commission of the European Communities and has the honour to refer to the Director General's Note of 26 November 1992 regarding the Agreement on textile products between the Republic of Singapore and the Community applied since 1 January 1987, as extended by the exchange of letters initialled on 25 October 1991 and as further extended by the exchange of letters initialled on 26 November 1992.The Mission of the Republic of Singapore wishes to confirm to the Directorate-General that whilst awaiting the completion of the necessary procedures for the conclusion and the coming into force of the extended Agreement, the Government of the Republic of Singapore is prepared to allow the provisions of the extended Agreement to apply de facto from 1 January 1993. This is on the understanding that either Party may at any time terminate this de facto application of the extended Agreement provided that 120 days' notice is given. The Mission of the Republic of Singapore to the European Communities avails itself of this opportunity to renew to the Directorate-General for External Relations the assurance of its highest consideration.