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of the guaranteed sales have accepted this Agreement by July 1, 1949, Parts 1, 3, 4, and 5 of the Agreement shall enter into force on July 1, 1949, between those Governments which have accepted it. The Council shall fix a date which shall not be later than September 1, 1949, on which Part 2 of this Agreement shall enter into force between those Governments which have accepted it. 4. Any signatory Government which has -not accepted this Agreement by July 1, 1949, may be granted by the Council an extension of time after that date for depositing its instrument of acceptance. Parts 1, 3, 4, and 5 of this Agreement shall enter into force for that Government on the date of the deposit of its instrument of acceptance, and Part 2 of the Agreement shall enter into force for that Government on the date fixed under paragraph 3 of this Article for the entry into force of that Part. 5. The Government of the United States of America will notify all signatory Governments of each signature and acceptance of this Agreement. Article XXI -Accession The Council may, by two-thirds of the votes cast by the exporting countries and two-thirds of the votes cast by the importing countries approve accession to this Agreement by any Government not already a party to it and prescribe conditions for such accession. Accession shall be effected by depositing an instrument of accession with the Government of the United State of America, which will notify all signatory and acceding Governments of each such accession. Article XXII Duration, Amendment, Withdrawal and Termination 1. This Agreement shall remain in force until July 31, 1953. 2. The Council shall, not later than July 31, 1952, communicate to the exporting and importing countries its recommendations regarding the renewal of this Agreement. 3. If circumstances arise which, in the opinion of the Council, affect or threaten to affect adversely the operation of this Agreement, the Council may, by a majority of the votes held by the exporting countries and a majority of the votes held by the importing countries, recommend an amendment of this Agreement to the exporting and importing countries. 4. The Council may fix a time within which each exporting and importing country shall notify the Government of the United States of America whether or not it accepts the amendment. The amendment shall become effective upon its acceptance by exporting countries

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