July 4, 1946 PHILIPPINES--TRADE--oct 22 9 4 · e.2 ,1946 61 STAT.] Agreement between the United States of America and the Republic of the Philippines respecting trade. Signed at Manila July 4, 1946; amended by exchange of notes signed October 22, 1946; proclaimed by the President of the United States of America December 17, 1.946; proclaimed by the President of the Philippines January 1, 1947; supplementary proclamation issued by the President of the United States of America January8, 1947; entered into force January2, 1947. BY THE PRESIDENT OF THE UNITED STATES OF AMERICA A PROCLAMATION WHEREAS section 401 of the Act of the Congress of the United States of America of April 30, 1946 entitled "Philippine Trade Act of 1946" (Public Law 371, 79th Congress) provides that the Presi- dent of the United States of America is authorized under the terms and conditions set forth in said Act to enter into an executive agree- ment with the President of the Philippines concerning trade and related matters; WHEREAS the President of the United States of America, acting pursuant to the provisions of the said section 401 of the Philippine Trade Act of 1946, through his duly empowered Plenipotentiary entered into an agreement on July 4, 1946 with the President of the Philippines, which agreement, including a protocol and annexes thereto, is in words and figures as follows: AGREEMENT BETWEEN THE UNITED STATES OF AMERICA AND THE REPUBLIC OF THE PHILIPPINES CONCERN- ING TRADE AND RELATED MATTERS DURING A TRANSI- TIONAL PERIOD FOLLOWING THE INSTITUTION OF PHILIPPINE INDEPENDENCE The President of the United States of America and the President of the Philippines, recalling the close economic ties between the people of the United States and the people of the Philippines during many years of intimate political relations, mindful of the great physi- cal destruction and social disturbances suffered by the Philippines as a result of their valiant support of the cause of the United Nations in the war against Japan, and desiring to enter into an agreement accepting on the part of each country the provisions of Title II and Title III (except Part 1) of the Philippine Trade Act of 1946 of the United States of America, have agreed to the following Articles: ARTICLE I 1. During the period from the date of the entry into force of this Agreement to July 3, 1954, both dates inclusive, United States articles July 4 and October 22, 1946 [T. I. A. S. 1588] 60 Stat. 151 . 22U.S. C.. 1341. 60 Stat. 143, 148. 22 .S. C. 1251 et seq. Admission of articles duty free. 2611
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