Treaty Series Recueil des Traites - United Nations Treaty Collection

354 United Nations - Treaty Series 1956
No. 273. ECONOMIC AID AGREEMENT BETWEEN THE REPUBLIC OF CHINA
AND THE UNITED STATES OF AMERICA. SIGNED AT NANKING, ON
3 JULY 19481
EXCHANGE OF NOTES CONSTITUTING AN AGREEMENT 2 AMENDING THE ABOVE-MENTIONED
AGREEMENT. TAIPEI, 21 AND 31 JANUARY 1950
Official texts : English and Chinese.
Registered by the United States o/ America on 25 April 1956.
I
The American Chargd d'Afaires ad interim to the Chinese Minister of Foreign Aflairs
No. 11
Excellency
THE FOREIGN SERVICE OF THE UNITED STATES OF AMERICA
AMERICAN EMBASSY
Taipei, January 21, 1950
Under instructions of my Government I have the honor to invite Your Excellency's
attention to Article V, Paragraph 7 of the Economic Aid Agreement between the United
States of America and the Republic of China 1 as amended by an exchange of notes of
March 26 and 27, 19498 which requires that the unencumbered balance remaining in
the special account on December 31, 1949 be disposed of as agreed betweenjhe Governments
of the United States and China, it being understood that the agreement of the
United States of America shall be subject to approval by Act or Joint Resolution of the
Congress of the United States of America.
In view of the existing situation my Government proposes that the following be
substituted for Article V, Paragraph 7 :
"Any unencumbered balance remaining in the special account and any similar
account representing the counterpart or proceeds of assistance rendered on the date
on which the last deposit in such accounts is made in respect of assistance rendered
under the China Aid Act of 1948, as amended or supplemented, shall be disposed of for
such purposes as may hereafter be agreed between the Governments of the United States
of America and of China, it being understood that the agreement shall be subject to the
approval by Act or Joint Resolution of the Congress of the United States of America."
If the Chinese Government is agreeable to this proposal this note and your reply
indicating such approval will be deemed to constitute a further amendment to the agreement
effective December 31, 1949.
1 United Nations, Treaty Series, Vol. 17, p. 119; Vol. 45, p. 326, and Vol. 76, p. 245.
S Came into force on 31 January 1950, with retroactive effect from 31 December 1949, by the
exchange of the said notes.
3 United Nations, Treaty Series, Vol. 76, p. 245.