61 STAT.] PERU-COOPERATIVE EDUCATION--Ja.1Ap . 415.1944 3873 Jan. 30, Apr. 30, 1945 3 2. For the purpose of providing an instrumentality through which the cooperative educational program can be conducted by the repre- sentatives of the two parties to this agreement, the Government of Peru shall create a special service to be known as the Servicio de Cooperaci6n Peruano-Norteamericano en Educaci6n (hereinafter referred to as S.C.P .N.E .), which shall operate as an entity within and subordinate to the Ministry of Public Education. The S.C .P .N .E. shall have the power to execute the cooperative educational program agreed upon herein. 3. The Foundation will provide a group of educational specialists to collaborate in the consummation of the cooperative educational program. The group of specialists shall be under the direction of the Representative in Peru of the Inter-American Educational Founda- tion, Inc., who shall be appointed by the same and who shall be acceptable to the Government of Peru. This official shall be the representative of the Foundation in connection with the program to be undertaken in accordance with this agreement. 4. The Government of Peru shall appoint as Director of the S.C .P.N .E. the Representative in Peru of the Inter-American Educa- tional Foundation, Inc. The Director of the S.C .P.N .E . shall be responsible for the execution of, and shall have authority to carry out, the cooperative educational program of the S.C.P .N .E . The Director of the S.C .P.N .E . shall delegate certain of his functions to personnel of the S.C .P.N .E . including personnel of the Foundation assigned to the S.C.P.N .E. 5. The cooperative educational program in Peru shall consist of individual projects. Such projects shall consist of specific kinds of work and activities to be undertaken by the representatives of both Governments in the execution of this agreement. The projects and the allocation of the funds of the S.C.P.N .E. shall be agreed upon by the Minister of Public Education for the Republic of Peru and by the Representative in Peru of the Inter-American Educational Founda- tion, Inc. for the Foundation. 6. The Foundation shall pay the salaries and expenses of the mem- bers of the group as well as the other administrative expenses of the Foundation in a total amount which shall not exceed One Hundred and Thirty Thousand Three Hundred ($130,300.00) Dollars and shall, in addition, grant to the S.C .P.N.E. the total sum of Forty-one Thousand Seven Hundred ($41,700.00) Dollars, as follows: No later than June 4, 1944, the sum of $13,900.00 No later than April 3, 1945, the sum of $13,900.00 No later than April 3, 1946, the sum of $13,900.00 7. The Government of Peru shall contribute to the S.C .P.N .E . the sum of Eighty-six Thousand ($86,000.00) Dollars or the equivalent in Peruvian Soles calculated on the basis of a rate of exchange of 6.485 Soles per U. S . Dollars, namely, the sum of Five Hundred and
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