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1. 1964 Protocol to the Social Progress Trust Fund Agreement Signed at Washington February 17, 1964; Entered Into Force February 17, 1964

WHEREAS Section 3.02 of the Social Progress Trust Fund Agreement between the United States of America and the Inter-American Development Bank dated the nineteenth day of June, 1961,[1] provides that the amount of commitments which the Bank as Administrator of the Trust Fund is entitled to make may be increased by mutual agreement; and

WHEREAS the United States wishes to give further support to the Alliance for Progress by augmenting the resources of the Social Progress Trust Fund; and

WHEREAS the Bank is prepared to administer such an increase of the resources of the Fund;

Now, THEREFORE, the Parties hereto agree as follows:

ARTICLE I

The Bank, as Administrator of the Social Progress Trust Fund purusant to the terms of the Social Progress Trust Fund Agreement, shall be entitled to make commitments on behalf of the Fund in an amount of $131,000,000 in addition to the sum now specified in Section 3.02 of the Agreement.

ARTICLE II

This protocol shall enter into forece on the date hereof.

DONE at the city of Washington in the District of Columbia, this 17th day of February, 1964 in two equally authentic originals.

FOR THE UNITED STATES OF AMERICA:

THOMAS C. MANN

FOR THE INTER-AMERICAN DEVELOPMENT BANK:

F. HERERRA

1 TIAS 4763; 12 UST 632.

(116)

2. 1966 Protocol to the Social Progress Trust Fund Agreement Signed at Washington September 7, 1966; Entered into force September 7, 1966

Agreement dated this seventh day of September, 1966, between the Government of the United States of America (hereinafter called the "United States") and the Inter-American Development Bank (hereinafter called the "Bank"), to amend further the agreement (hereinafter called the "Social Progress Trust Fund Agreement") dated the nineteenth day of June, 1961['] between the United States and the Bank entrusting to the Bank the administration of the Social Progress Trust Fund constituted from part of the Special Inter-American Fund for Social Progress.

WHEREAS Resolution AG-7/66 of the Board of Governors of the Bank requested the Board of Executive Directors of the Bank to establish a Preinvestment Fund for Latin American Integration (hereinafter called the "Preinvestment Fund") destined to finance studies and the preparation of projects which may help to accelerate the process of Latin American integration and authorized the Bank to receive contributions from member and non-member countries of the Bank and from other national and international institutions and agencies for the purpose of the Preinvestment Fund;

WHEREAS Resolution DE-92/66 of the Board of Executive Directors of the Bank established the Preinvestment Fund in accordance with the said resolution of the Board of Governors of the Bank;

AND WHEREAS the United States and the Bank find it desirable to permit a portion of the resources of the Social Progress Trust Fund to be used to facilitate the initial operations of the Preinvestment Fund.

Now, THEREFORE, the Parties hereto agree as follows:

ARTICLE I

Section 1.05 of the Social Progress Trust Fund Agreement is amended to read as follows:

"Sec. 1.05 In addition, the Administrator shall utilize the resources of the Fund to provide:

(a) Technical assistance related to projects in the fields set forth in Section 1.04;

(b) Technical assistance related to the mobilizing of domestic financial resources and the strengthening of financial institutions; and

(c) Technical assistance pursuant to the terms of the Preinvestment Fund for Latin American Integration estabJished by Resolution DE-92/66, of the Board of Executive

TIAS 4763, 5522; 12 UST 632; 15 UST 104.

Directors of the Bank, provided that the resources of the
Fund made available under this sub-section (c) shall be
in amounts to be agreed upon by the Administrator and the
United States from time to time.”

ARTICLE II

This protocol shall enter into force on the date hereof. DONE at the city of Washington in the District of Columbia, this seventh day of September, 1966, in two equally authentic originals.

FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA:

LINCOLN GORDON

Lincoln Gordon

Assistant Secretary of State for Inter-
American Affairs and U. S. Coordinator,
Alliance for Progress

FOR THE INTER-AMERICAN DEVELOPMENT BANK:

F HERRERA

Felipe Herrera
President

III. U.N. ECONOMIC COMMISSION FOR LATIN

AMERICA (ECLA)

(119)

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