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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.
1956 Nations Unies - Recueil des Traitds 355 I should like to point out that the above language is proposed rather than a simple change of termination date to February 15, 1950 in order to render unnecessary subsequent amendments in event the Congress of the United States of America should extend authorizing legislation beyond that date. Please accept, Excellency, the assurances of my highest consideration. His Excellency Dr. George K. C. Yeh Minister of Foreign Affairs Taipei Robert C. STRONG Charg6 d'affaires ad interim N O 273
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