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Tekst Notawisseling tussen de Nederlandse en de Amerikaanse Regering houdende wijziging van de Overeenkomst tot economische samenwerking tussen de Regeringen van het Koninkrijk der Nederlanden en de Verenigde Staten van Amerika

AMERICAN EMBASSY

The Hague, January 16, 1950

No. 129

Excellency:

I have the honor to refer to the conversations which have recently taken place between representatives of our two Governments relating to the Economic Cooperation Agreement between the United States of America and the Netherlands, signed at The Hague, on July 2, 1948, to the Interpretative Notes annexed to that Agreement, and to the enactment into law of Public Law 47, 81st Congress, amending the Economic Cooperation Act of 1948. I also have the honor to confirm the understandings reached as a result of these conversations, as follows:

1. The Government of the Netherlands has expressed its adherence to the purposes and policies of the Economic Cooperation Act of 1948 as heretofore amended.

2. Whenever reference is made in any of the articles of such Economic Cooperation Agreement to the Economic Cooperation Act of 1948, it shall be construed as meaning the Economic Cooperation Act of 1948 as heretofore amended.

3. The reference in paragraph 2 of Article III of the Economic Cooperation Agreement, to recognition as the property of the Government of the United States of any guilders or credits in guilders assigned or transferred to it pursuant to section 111 (b).(3) of the Economic Cooperation Act of 1948 as heretofore amended, includes recognition that the Government of the United States will be subrogated to any right, title, claim, or cause of action existing in connection with such guilders or credits in guilders. It is understood that the provision of Article X of the Economic Cooperation Agreement shall also apply to cases wherein the Government of the United States actually has been subrogated to any right, title, claim or cause of action of the type mentioned in this paragraph.

4. The provisions of Article IV, paragraph 4, of the Economic Cooperation Agreement shall be applied to all deposits made pursuant to that Article without limitation to deposits in respect of assistance furnished under authority of the Foreign Aid Appropriation Act, 1949.

5. It is understood, that the time of notification to which reference is made in Article IV, paragraph 2 (b) of the Economic Cooperation Agreement for the purpose of determining the rate of exchange to be used in computing the deposits to be made upon notifications to the Government of the Netherlands of the indicated dollar costs of commodities, services, and technical information shall, in the case of each notification covering a disbursement period after September 30, 1949, be deemed to be the date of the last day of the disbursement period covered by the notification.

Accept, Excellency, the assurances of my highest consideration.

(s.) SELDEN CHAPIN,

American Ambassador

His Excellency

Dr. D. U. Stikker,

Royal Netherland Minister

for Foreign Affairs,

The Hague.

Regeling
Notawisseling tussen de Nederlandse en de Amerikaanse Regering houdende wijziging van de Overeenkomst tot economische samenwerking tussen de Regeringen van het Koninkrijk der Nederlanden en de Verenigde Staten van Amerika
Soort
Verdrag
Geldend vanaf
02-02-1950
BWB-id
BWBV0005713
Versie
1950-02-02_0

In de hele regeling · Officiële tekst op wetten.overheid.nl