(Japanese Note)

　Accra, June 3, 1992

　Excellency,

　 With reference to the Exchange of Notes dated August 9, 1990 concerning Japanese economic cooperation to be extended with a view to strengthening friendly and cooperative relations between Japan and the Republic of Ghana, 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 Republic of Ghana, 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 reconstruction of the Beposo Bridge by the Government of the Republic of Ghana, the Government of Japan will extend to the Government of the Republic of Ghana a grant up to one hundred seventy-two million yen (172, 000, 000) during the period between the date of coming into force of the present arrangements and March 31, 1993, 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 Excellency's Note in reply confirming on behalf of the Government of the Republic of Ghana the foregoing arrangements shall be regarded as constituting an agreement between the two Governments, which will enter into force on the date of Your Excellency's reply.

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

　(Signed) Futao Motai
Charge d'Affaires, a. i. of Japan to the Republic of Ghana

　His Excellency
Dr. Obed Y. Asamoah PNDC Secretary for Foreign Affairs of the Republic of Ghana

(Ghanaian Note)

　Accra, June 3, 1992

　Sir,

　 I have the honour to acknowledge the receipt of your Note of today l s date, which reads as follows:

"(Japanese Note)"

　I have further the honour to confirm on behalf of the Government of the Republic of Ghana 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 extend to you the assurance of my high consideration.

　(Signed) Obed Y. Asamoah
PNDC Secretary for Foreign Affairs of the Republic of Ghana

　Mr. Futao Motai
Charge d'Affaires, a. i. of Japan to the Republic of Ghana