Agreement Between s1

Agreement Between The Government of the United States of America and The Government of the People's Republic of China

The Government of the United States of America and the Government of the People's Republic of China have reached the following agreement on the settlement of the Chinese claims for property loss and damage suffered by the Chinese side as a result of the U.S. bombing of the Chinese Embassy in the Federal Republic of Yugoslavia on 8 May 1999: Article 1 The sum of twenty eight million U.S. dollars shall constitute the final settlement amount. The payment shall be subject to the completion of national legal procedures by the two governments. The Government of the United States shall pay the above-mentioned amount to the Government of the People's Republic of China in a single payment to an account opened by the Chinese Government with the Bank of China Headquarters, Beijing, no later than 15 days after each government notifies the other of the completion of its national legal procedures.

Article 2 The agreed amount, when fully paid as agreed, will constitute a full and final settlement of any and all claims for the property loss and damage suffered by the Chinese side as a result of the U.S. bombing of the Chinese Embassy in the Federal Republic of Yugoslavia.

Article 3 Any dispute regarding the interpretation or application of this agreement shall be settled by the two sides through consultations.

Done in duplicate in Beijing on 16 December 1999 in the English and Chinese languages, both texts being equally authentic.

For the Government of For the Government of The United States of America The People's Republic of China