(Japanese Note)

　Bangkok, August 6, 1991

　Sir,
　With reference to the Exchange of Notes dated August 13, 1990 concerning Japanese economic cooperation to be extended with a view to strengthening friendly and cooperative relations between' Japan and the Kingdom of Thailand, I have the honour to refer to the recent discuss ions held between the representatives of the Government of Japan and of the Government of the Kingdom of Thailand, 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 to the execution of the Project for the construction of the Rama IV Viaduct by the Government of the Kingdom of Thailand, the Government of Japan will extend to the Government of the Kingdom of Thailand a grant up to two billion and five hundred and six million yen (2,506,000,000) during the period between the date of coming into force of the present arrangements and March 31, 1992, 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 Kingdom of Thailand 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) Tadashi Ikeda
Charge d I Affaires a. i. of Japan to the Kingdom of Thailand

　Mr. Wanchai Sirirattna
Director-General Department of Technical and Economic Cooperation of the Kingdom of Thailand

　(Thai Note)

　Bangkok, August 6, 1991

　Sir,
　I have the honour to acknowledge the receipt of your 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 Kingdom of Thailand the foregoing arrangements and to agree that your 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 you the assurance of my high consideration.

　(Signed) Wanchai Sirirattna
Director-General Department of Technical and Economic Cooperation of the Kingdom of Thailand

　Mr. Tadashi Ikeda
Charge d'Affaires a. i. of Japan to the Kingdom of Thailand