Page:United States Statutes at Large Volume 61 Part 3.djvu/338

 PHILIPPINES-TRADE -O. 2, 1946 Oct. 22, 1946 obligations on the United States take effect as laws of the United States, this Agreement shall not take effect unless and until the Congress of the Philippines accepts it by law and has enacted such legislation as may be necessary to make all provisions hereof placing obligations on the Philippines take effect as laws of the Philippines, except as is otherwise provided in Paragraph 1 of Article VII. This Agreement shall then be proclaimed by the President of the United States and by the President of the Philippines, and shall enter into force on the day following the date of such proclamations, or, if they are issued on different dates, on the day following the later in date. 2. This Agreement shall have no effect after July 3, 1974. It may be terminated by either the United States or the Philippines at any time, upon not less than five years' written notice. If the President of the United States or the President of the Philippines determines and proclaims that the other country has adopted or applied measures or practices which would operate to nullify or impair any right or obligation provided for in this Agreement, then the Agreement may be terminated upon not less than six months' notice. 3. If the President of the United States determines thatareasonable time for the making of the amendment to the Constitution of the Philippines referred to in Paragraph 2 of Article VII has elapsed, but that such amendment has not been made, he shall so proclaim and this Agreement shall have no effect after the date of such proclamation. 4. If the President of the United States determines and proclaims, after consultation with the President of the Philippines, that the Philippines or any of its political subdivisions or the Philippine Gov- ernment is in any manner discriminating against citizens of the United States or any form of United States business enterprise, then the President of the United States shall have the right to suspend the effectiveness of the whole or any portion of this Agreement. If the President of the United States subsequently determines and proclaims, after consultation with the President of the Philippines, that the discrimination which was the basis for such suspension (a) has ceased, such suspension shall end; or (b) has not ceased after the lapse of a time determined by the President of the United States to be reasonable, then the President of the United States shall have the right to terminate this Agreement upon not less than six months' written notice. In witness whereof the President of the Philippines and the Pleni- potentiary of the President of the United States have signed this Agreement and have affixed hereunto their seals. Done in duplicate in the English language at Manila, this 4th day of July, one thousand nine hundred and forty-six. Proclamations; en- try into force. Termination. Post, p. 2633. Ante, p. 2618. Suspension. For the President of the United States of America PAUL V. MCNUTT [SEAL] [SEAL] Presidentof the Philippines MANUEL RoxAs 61 STAT.] 2621

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