WUY O INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [61 STAT. ment of the Republic of Chile to concede to the commerce of the United States of America, without compensation, reductions in the Chilean import duties on certain products as set forth in the enclosure 60 Stat. 1724. with Your Excellency's Note No. 4024 of July 30, 1945, excepting therefrom items Nos. 552, 553, and 554 relative to umbrellas and parasols, such reductions to continue in force for a further period of one year commencing on July 31, 1947, unless the present agreement is superseded in that time by a more comprehensive commercial agreement, it being understood, however, that the present agreement may be terminated by either Government upon the giving of thirty days' notice in writing. I have the honor to assure Your Excellency that the Government of the United States of America greatly appreciates the interest of the Chilean Government in adopting measures to expand and to liberalize trade in accordance with the economic objectives of the Atlantic Charter and of the Inter-American Conference on Problems of War and Peace, and is pleased to accept the proposal of the Government of Chile. In accepting this proposal I take this opportunity to reaffirm the desire of the Government of the United States of America to initiate concrete negotiations with Your Excellency's Government for a Treaty of Friendship, Commerce and Navigation responsive to the reciprocal interests of both countries and note with satisfaction the expressed willingness of Your Excellency's Government that such negotiations be initiated within the next twelve months. Accept, Excellency, the renewed assurances of my highest and most distinguished consideration. CLAUDE G. BOWERS His Excellency RAUL JULIET GOMEZ Ministerfor ForeignAffairs of Chile Santiago
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