61 STAT.] WHEREAS the Cooperative Program of Food Production between the Republic of Peru, acting through the Minister of Agriculture of the Republic, and the Government of the United States of America, acting through the Institute of Inter-American Affairs (hereinafter called the Institute), covered by the Memorandum of Agreement of May 19, 1943 has contributed to the development of agriculture in Peru; WHEREAS the Government of Peru and the Government of the United States of America wish to derive the maximum benefit from the work performed to date under the basic agreement; WHEREAS the Government of Peru considers the Agreement to be indispensable to the economy and welfare of the country in the light of the acute shortage of essential commodities; WHEREAS the Republic of Peru believes that termination of the Agreement at this time might jeopard- ize the improvement of the basic economy of the country; WHEREAS the Government of the United States of America recognizes the bene- fits of the program to the people of the Republic of Peru; and WHERE- AS the Government of the United States of America and that of the Republic of Peru consistent with the declaration of Mexico have expressed their adherence to the principle that economic cooperation is essential to the common prosperity of the American nations; and whereas the Government of Peru has requested that the agreement herein above mentioned be extended until June 30, 1948: The Republic of Peru, acting through the Minister of Agriculture of the Republic of Peru, and the Government of the United States of America, acting through the Institute of Inter-American Affairs, a corporate instrumentality of that( Government (hereinafter called the Institute) hereby agree to extend as hereinafter set forth the Cooperative Program of Food Production provided for in the Mem- orandum of Agreement dated May 19, 1943 entered into by the parties hereto as extended by the agreements of June 1, 1944 and June 8, 1945. 1. The cooperative program of food production shall continue to be carried out through the Servicio Cooperativo Inter-Americano de Produccion de Alimentos (hereinafter called the "SCIPA"), which was created by the Government of Peru in accordance with the Memo- randum of Agreement of May 19, 1943 and continued by the Agree- ments of June 1, 1944 and June 8, 1945 referred to above. 2. The fields of activity which the programs of the SCIPA may embrace, as set forth in Article 3 of the Memorandum of Agreement, dated May 19, 1943, and as amended in the later Memoranda of Agreement mentioned herein, are hereby modified and restated as follows: The SCIPA will continue to develop programs to increase the production, processing and distribution of foodstuffs of vegetable PERU-FOOD PRODUCTION-Dec. 4 , 1946 Jan. 29, 1947 MEMORANDUM OF AGREEMENT 3327 57 Stat. 14C5. ExtIInsiI of rfl ! prold i- ' i-t):l]irogr;>:Ii. 57 St:it. 1l)5. 5S Stat. 14S4. Ante, p. 3123. SCIPA Fieldis of ctivity 57 Stat. 1406 .
�
