INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [62 STAT. 61 Stat. , Pt. 4, p. 4176 . United States Edu- cational Commission for France. The Government of the United States of America and The Government of the French Republic; desiring to promote further mutual understanding between the peoples of the United States of America and the French Republic by a wider exchange of knowledge and professional talents; Considering that the Secretary of State of the United States of America may enter into an agreement for financing certain educational exchange programs from currencies or credits for currencies acquired pursuant to the Memorandum of Understanding dated May 28, 1946 and the supplements thereto; Have agreed as follows: Article 1. There shall be established a Commission to be known as the United States Educational Commission for France (hereinafter designated "The Commission"), which shall be recognized by the Government of the United States of America and the Government of the French Republic as an organization created and established to facilitate the administration of an educational program financed by funds made available in accordance with the Memorandum of Understanding dated May 28, 1946 and the supplement thereto. Except as here- inafter provided, the Commission shall be exempt from the domestic and local laws of the United States of America as they relate to the use and expenditure of currencies and credits for currencies for the purposes set forth in the present agreement. The funds shall enjoy on the part of the Government of the French Republic the exemption and immunities accorded to the property of a foreign government. se of funds. Funds made available under the present agreement, within the condi- tions and limitations hereinafter set forth, shall be placed at the dis- posal of the Commission for the purposes of: 1. Financing studies, research, instruction, and other educational activities of or for citizens of the United States of America in schools and institutions of higher learning lcated in France and Territories of the French Union, or of the nationals of France in the United States schools and institutions of higher learning located outside the con- tinental United States, Hawai, Alaska (including the Aleutian Islands), Puerto Rico, and the Virgin Islands, including payment for trans- 3626
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