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and other designated programs shall share certain costs mutually agreed by the Parties and the participating institutions.

  1. The financial provisions for non-official exchanges shall be determined by the participating institutions, the Parties recognizing that public and private institutions of both countries have limited capacity to support educational exchange activities.

  2. The Parties agree that activities under this accord shall be carried out subject to the availability of funds.

ARTICLE VII—EXECUTIVE AGENTS
  1. The Executive Agent of this accord on the United States side shall be the United States Information Agency. The Executive Agent of this accord on the People's Republic of China side shall be the State Education Commission of the People's Republic of China.

  2. Upon signature, this accord will become a part of the official agreements concluded under Article 5 of the Agreement between the Government of the United States of America and the Government of the People's Republic of China on Cooperation in Science and Technology signed January 31, 1979, extended January 12, 1984.

  3. As agreed by the Executive Agents of the Parties, the representatives of agencies or organizations concerned in both countries will exchange visits for the working out of plans and programs of educational exchange and for discussing progress, problems and matters related to educational exchange projects. These meetings may be held in the United States of America or in the People's Republic of China as agreed.

  4. This accord will supersede "The Understanding on Exchange of Students between the United States of America and the People's Republic of China" reached in October 1978, and be the guiding document for educational exchange of the two countries.

This accord shall enter into force upon signature and remain in force for a five-year period. It may be amended or extended by the written agreement of the two parties; it may be terminated by either Party by giving six months' written notice to the other Party of its intention to terminate.

Done at Washington, this 23rd day of July 1985, in duplicate in the English and Chinese languages, both equally authentic.

RONALD REAGAN

LI XIANNIAN

For the Government of the

For the Government of the

United States of America

People's Republic of China



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