Page:United States Statutes at Large Volume 62 Part 3.djvu/337

 INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. 62 Stat., Pt. 1, p.158. Assistance requested y China. 62 Stat., Pt. 1,p. 158 . Suspension or teril- atlon of assistance. General undertak- ings by China. Post, p. 2954. ECONOMIC AID AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE REPUBLIC OF CHINA PREAMBLE. The Government of the United States of America and the Govern- ment of the Republic of China: Considering that it is the policy of the Government of the United States of America to extend economic assistance to the people and the Government of China in accordance with the provisions of the China Aid Act of 1948; and Considering that it is the policy of the Government of China to undertake a vigorous program of self help in order to create more stable economic conditions in China, and to improve commercial rela- tions with other countries; Have agreed as follows: ARTILE I. The Government of the United States of America undertakes to assist China, by making available to the Government of China or to any person, agency or organization designated by the latter Govern- ment such assistance as may be requested by it and approved by the Government of the United States of America. The Government of the United States of America will furnish this assistance under the provisions, and subject to all of the terms, limitations and conditions, of the China Aid Act of 1948 (other than Section 404 (b) thereof), acts amendatory and supplementary thereto and appropriation acts thereunder, and will make available to the Government of China only such commodities, services and other assistance as are authorized to be made available by such acts. The Government of the United States of America may suspend or terminate at any time the assist- ance under this Article. ARTICLE II. 1. In order to achieve the maximum improvement of economic conditions through the employment of assistance received from the Government of the United States of America, the Government of China undertakes (a) to adopt or maintain the measures necessary to ensure efficient and practical use of economic resources available to it, in- cluding (1) such measures as may be necessary to ensure that the commodities and services obtained with assistance furnished un- der this Agreement are used for purposes consistent with this Agree- ment; 2946

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