Memorandum of Understanding Between the Government of the United States of America and the Government of the People's Republic of China



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Memorandum of Understanding Between the Government of the United States of America and the Government of the People's Republic of China

The Government of the United States of America and the Government of the People's Republic of China have reached the following understanding on the settlement of the U.S. claims for property loss and damage suffered by the U.S. side after the U.S. bombing of the Chinese Embassy in the Federal Republic of Yugoslavia on 8 May 1999:

Article 1

The sum of 2.87 million US dollars shall constitute the final settlement amount. The Government of the People's Republic of China shall pay the above-mentioned amount to the Government of the United States in a single payment to an account opened by the Embassy of the United States in Beijing no later than ten working days after the payment by the Government of the United States under the Agreement Between the Government of the United States of America and the Government of the People's Republic of China done on the same day.



Article 2

The agreed amount, when fully paid as agreed, will constitute a full and final settlement of any and all claims for the property loss and damage suffered by the U.S. side after the U.S. bombing of the Chinese Embassy in the Federal Republic of Yugoslavia.



Article 3

Any dispute regarding the interpretation or application of this Memorandum of Understanding shall be settled by the two sides through consultations.



Done in duplicate in Beijing on 16 December 1999 in the English and Chinese languages, both texts being equally authentic.

For the Government of For the Government of

The United States of America The People's Republic of China












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