(Japanese Note)

　Dhaka, July 30, 1989

　Sir,With reference to the Exchange of Notes dated October 11, 1988 concerning Japanese economic cooperation to be extended with a view to strengthening friendly and cooperative relations between Japan and the People's Republic of Bangladesh, I have the honour to refer to the recent discussion held between the representatives of the Government of Japan and of the Government of the People's Republic of Bangladesh, and to propose on behalf of the Government of Japan, in accordance with paragraph 2 of the above-mentioned Exchange of Notes, the following arrangements:

　For the purpose of contributing to the execution of the project for the construction and rehabilitation of the sewerage system by the Government of the People's Republic of Bangladesh, the Government of Japan will extend to the Government of the People's Republic of Bangladesh a grant up to one billion eight hundred twenty-one million yen (1,821,000,000) during the period between the date of coming into force of the present arrangements and March 31, 1990, unless the period is extended by mutual agreement between the authorities concerned of the two Governments.

　I have further the honour to propose that this Note and your Note in reply confirming on behalf of the Government of the People's Republic of Bangladesh the foregoing arrangements shall be regarded as constituting an agreement between the two Governments, which will enter into force on the date of your reply.

　I avail myself of this opportunity to renew to you the assurance of my high consideration.

　(Signed) Takeo Iguchi
Ambassador of Japan to Bangladesh

　Mr. Ayub Quadri
Joint Secretary External Resources Division Ministry of Planning Government of the People's Republic of Bangladesh

(Bangladesh Note)

　Dhaka, July 30, 1989

　Excellency,I have the honour to acknowledge the receipt of Your Excellency's Note of today's date, which reads as follows:

"(Japanese Note)"

　I have further the honour to confirm on behalf of the Government of the People's Republic of Bangladesh the foregoing arrangements and to agree that Your Excellency's Note and this Note shall be regarded as constituting an agreement between the two Governments, which will enter into force on the date of this reply.

　I avail myself of this opportunity to renew to Your Excellency the assurance of my highest consideration.

　(Signed) Ayub Quadri
Joint Secretary External Resources Division Ministry of Planning Government of the People's Republic of Bangladesh

　His Excellency
Mr. Takeo Iguchi
Ambassador of Japan to Bangladesh