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 MacaoFor the Councilof the European CommunitiesExchange of notes The Minister of Commercial Affairs of Macao 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 . . . 1992 regarding the Agreement on textile products between Macao and the Community applied since 1 January 1987, as extended by the exchange of letters initialled on 30 July 1991 and as further extended by the exchange of letters initialled on 27 November 1992. The Minister of Commercial Affairs of Macao 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, Macao 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 day's notice is given. The Minister of Commercial Affairs of Macao to the European Communities avails itself of this opportunity to renew to the Directorate-General for External Relations the assurance of its highest consideration.