62 STAT.] PARAGUAY-COOPERATIVE EDUCATION-JUNE 30, 1948 Agreement between the UnitedStates of America and Paraguayrespecting June 30, 148 a cooperative educational program in Paraguay, extending the agree- [T .A.8.s. ] ment of March 8, 1948, between Paraguayand the Institute of Inter- American Affairs. Effected by exchange of notes signed at Asunci6n June 30, 1948; entered into force August 2, 1948. The American Ambassador to the ParaguayanMinister of Foreign Relations and Worship No. 60 ASUNCI6N, June 30, 1948. EXCELLENCY: I have the honor to refer to the Basic Agreement between the Re- public of Paraguay and The Institute of Inter-American Affairs dated March 8, 1848 which provided for the continuation of the coopera- Alitp.2827. tive education program in Paraguay theretofore undertaken by the Government of Paraguay and the Inter-American Educational Foun- dation, Inc., the predecessor of The Institute of Inter-American Affairs. I also refer to the telegram dated June 14, 1948 from His mEnEtension of agree- Excellency the Provisional President of Paraguay, Dr. Juan Manuel Frutos, to President Harry S. Truman, suggesting the consideration by our respective Governments of a further extension of that Basic Agreement. As Your Excellency knows, the agreement of March 8, 1948, pro- Ante p. 2827 vides that the cooperative education program will terminate on June 30, 1948. However, considering the mutual benefits which both gov- ernments are deriving from the program, my Government agrees with the Government of Paraguay that an extension of such program would be desirable. I have been advised by the Department of State in Duration. Washington that arrangements may now be made for the Institute to continue its participation in the cooperative program for a period of one year, from June 30, 1948, through June 30, 1949. It would be Additional fund. understood that, during such period of extension, the Institute would make a contribution of $26,224 U. S. Cy. to the Servicio Cooperativo Interamericano de Educaci6n for use in carrying out project activities of the program on condition that your Government would contribute to the Servicio for the same purpose the sum of (220,680. The In- stitute would also be willing during the same extension period to make available an amount not exceeding $61,557 U. S . Cy. to be retained by the Institute, and not deposited to the account of the Servicio, for payment of salaries and other expenses of the members of the Institute Education Division Field Staff, who are maintained by the Institute in Paraguay. The amounts referred to would be in addition to the sums already required under the present Basic Agreement to be con- tributed and made available by the parties in furtherance of the program. 3447
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