The Swedish Embassy to the Department of State EMBASSY OF SWEDEN MEMORANDUM The Government of Sweden wishes to refer to discussions which have recently been held between its Embassy in Washington and representatives of the Government of the United States of America concerning the problems faced by the Government of Sweden as the result of the serious loss of its gold and dollar exchange. These discussions have resulted in a mutual understanding between the two Governments as follows: 1. Because of the large deficit in the Swedish balance of payments with the hard currency areas of the world it is recognized that the Government of Sweden continues to be faced with the necessity of taking measures to correct its present imbalance of trade and to conserve its foreign exchange. The import restrictions imposed by the Government of Sweden on March 15, 1947, as presently applied are understood to serve these purposes. 2. It is therefore agreed that the provisions contained in the exchange of aide-memoire between the two Governments dated June 24, 1947,[1] as modified by the exchange of memoranda dated February 11, 1948[2] shall continue to be applied after June 30, 1948, until the Government of Sweden becomes a contracting party to the General Agreement on Tariffs and Trade concluded at Geneva Switzerland on October 30, 1947,[3] or until June 30, 1949, whichever is the earlier. If by May 1, 1949, Sweden has not adhered to the General Agreement on Tariffs and Trade, the two Governments agree to review the situation for the purpose of considering such actions as the circumstances may demand. It is further agreed that either Government after consultation as to the continued justification for this understanding may terminate it on sixty days written notice. The Department of State to the Swedish Embassy MEMORANDUM The Government of the United States of America wishes to refer to discussions which have recently been held between its representatives and representatives of the Embassy of Sweden concerning the problems faced by the Government of Sweden as the result of its serious loss of gold and dollar exchange, and to the memorandum of today's date from the Embassy of Sweden setting forth the understanding reached in these discussions. The Government of the United States of America confirms the understanding reached in these discussions as set forth in the memorandum from the Embassy of Sweden. DEPARTMENT OF STATE, Washington, June 12, 1948. W LT DEPARTMENT OF STATE PUBLICATION 3294 [Literal print] UNITED STATES GOVERNMENT PRINTING OFFICE WASHINGTON: 1948 For sale by the Superintendent of Documents, U.S. Government Printing Office Washington 25, D.C.: Price 5 cents The American Ambassador to the Haitian Secretary of State for Foreign Affairs NO. 710 EXCELLENCY: AMERICAN EMBASSY, Port-au-Prince, Haiti, June 25, 1948 I have the honor to refer to the Basic Agreement between the Republic of Haiti and the Institute of Inter-American Affairs, which arose out of notes exchanged between the President of the Republic of Haiti and the Under Secretary of State of the United States of America on April 7, 1942,[1] as later modified and extended, which provided for the initiation and execution of the existing cooperative health and sanitation program in Haiti. I also refer to Your Excellency's note of June 24, 1948,[2] suggesting the consideration by our respective Governments of a further extension of that Agreement. As Your Excellency knows, the Basic Agreement under reference provides that the cooperative health and sanitation program will terminate on June 30, 1948. However, considering the mutual benefits which both governments are deriving from the program, my Government agrees with the Government of Haiti that an extension of such program would be desirable. I have been advised by the Department of State in 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 understood that, during such period of extension the Institute would make a contribution of $70,000 United States currency to the Service Cooperatif Inter-American de la Sante Publique for use in carrying out project activities of the program on condition that your Government would contribute to the Service for the same purpose the sum of at least 1,050,000 Gourdes ($210,000.00). The Institute would also be willing during the same extension period to make available funds to be retained by the Institute and not deposited to the account of the Service for payment of salaries and other expenses of the members of the Institute Health and Sanitation Field Staff who are maintained by the Institute in Haiti. The amounts referred to would be in addition to the sums already required Executive Agreement Series 425; 58 Stat. 1439. *Not printed. |