Making Public the Acceptance of the International Wheat Agreement for the Republic of the Philippines, Subject to Certain Reservations
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Making Public the Acceptance of the International Wheat Agreement for the Republic of the Philippines, Subject to Certain Reservations
Proclamation No. 171
March 17, 1950
Case Overview and Summary
Summary of Proclamation No. 171Acceptance of the International Wheat Agreement
- The Philippines accepted the International Wheat Agreement, which was opened for signature in Washington, D.C. until April 15, 1949 and signed by 42 countries, including the Philippines. (Preamble)
- The objectives of the Agreement are to assure supplies of wheat to importing countries and to guarantee markets to exporting countries at equitable prices. (Preamble)
- The Senate of the Philippines concurred with the acceptance of the Agreement, with the understanding that it shall not curtail or abridge the right, authority, and discretion of the Philippine Government to distribute and allocate the guaranteed purchases among private importers in the Philippines. (Preamble)
- The President of the Philippines, Elpidio Quirino, made public the acceptance of the Agreement, subject to the understanding of the Senate. (Operative Clause)
- The Agreement came into force with respect to the Philippines on February 27, 1950, the date of deposit of its instrument of acceptance. (Preamble)
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International Wheat Agreement
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wheat supplies
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equitable prices
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distribution
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Making Public the Acceptance of the International Wheat Agreement for the Republic of the Philippines, Subject to Certain Reservations
Proclamation No. 171
•March 17, 1950
MALACAÑANGManila
BY THE PRESIDENT OF THE PHILIPPINES
Proclamation No. 171
MAKING PUBLIC THE ACCEPTANCE OF THE INTERNATIONAL WHEAT AGREEMENT FOR THE REPUBLIC OF THE PHILIPPINES, SUBJECT TO CERTAIN RESERVATIONS.
WHEREAS, an International Wheat Agreement was opened for signature in the English and French languages, at Washington, D. C, until April 15, 1949, and signed by the authorized representatives of forty-two countries, including the Philippines;
WHEREAS, the objectives of the said Agreement are to assure supplies of wheat to importing countries and to guarantee markets to exporting countries at equitable prices;
WHEREAS, the Senate of the Philippines, by its Resolution No. 12, adopted on February 15, 1950, has given its concurrence to the acceptance by the President of the Philippines of the International Wheat Agreement, with the understanding that nothing contained in the Agreement shall be construed as in any way curtailing or abridging the right, authority and discretion of the Philippine Government to distribute and allocate among the private importers in the Philippines the guaranteed purchases of the Philippine Government;
WHEREAS, the said Agreement was...
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