63 STAT.] BRAZIL-VOCATIONAL INDUSTRIAL EDUCATION Jug.23, c.Sep 21,1948 2859 Translation, Sept. 29 1949 Translation MINISTRY OF. FOREIGN AFFAIRS, RIO DE JANEIRO. DAI/103/M2.2 (22) August 23, 1949. MR. AMBASSADOR, The Ministry of Education and Health of Brazil and the Institute of Inter-American Affairs, through its Educational Division in Brazil, in accordance with the Additional Amendment signed in Rio de Janeiro on June 30, 1949, [1] and under the terms specified in such Additional Amendment, changed the Agreement signed in Rio de Janeiro on October 30, 1948, resulting from the notes exchanged between the Government of the United States of Brazil and the Government of the United States of America in Rio de Janeiro on July 23 and October 21 and 27, 1948, all envisaging an extension of the Agreement on Vocational Education signed in Rio de Janeiro on January 3, 1946, between the Ministry of Education and Health of Brazil and the Inter-American Educational Foundation, Inc., now the Educational Division of the said Institute. 2. According to the Additional Amendment in question of June 30, 1949, clauses I and II of the aforementioned Extension Agreement of October 30, 1948, were changed to read as follows: CLAUSE I The cooperative education program provided for in the Basic Agreement is hereby extended for an additional period of two years from June 30, 1948 through June 30, 1950. CLAUSE II In addition to the funds required by the Basic Agreement to be contributed or otherwise made available by the parties thereto with respect to the cooperative education program, which funds heretofore have been contributed or otherwise made available, the parties hereto shall contribute and make available funds for use in continuing the cooperative education program during the period covered by this Extension Agreement, in accordance with the fol- lowing schedule: 1. The Institute shall make available the funds necessary to pay the salaries and all other expenses of its Education Division field staff in Brazil, during the period covered by this Extension Agree- ment, provided that the amount of such funds shall not exceed US$125,000.00. This amount shall be administered by the Insti- tute and shall not be deposited to the credit of the Comissao Brasileiro-Americana de Educagao Industrial (hereinafter referred to as the "CBAI"). 2. Fifteen days after the registration of the Brazilian appropriation the Institute shall deposit, in the CBAI special bank account (herein- after referred to as the "CBAI bank account"), in the Banco do Brasil, the sum of US$100,000.00 or its equivalent in Cruzeiros ' Not printed. Port, p. 286. Pot, pp. 2861. 283 2868. 60 Stat. 1768. PoM, p. 286.
�
