
Article 1 

1. The Agreement in the form of an exchange of letters between the European Economic Community and the Bank for International Settlements concerning the mobilization of claims held by Member States under the medium-term financial assistance arrangements is hereby approved on behalf of the Community.
2. The text of the Agreement is annexed to this Decision.
Article 2 
The President of the Council is hereby authorized to designate the person empowered to sign the Agreement in order to bind the Community.
Done at Luxembourg, 30 October 1978.
For the Council
The President
J. ERTL