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1 In order to strengthen the links of friendship and the economicrelations existing between the respective countries and more pa-rticularly in order to promote temporary admission of goods infavour of enterprises from Sweden and from China-Taiwan, the Ta-ipei Trade Tourism & Information Cilice and the Swedish Trade C-ouncil (hereinafter referred to as the parties), have agreed toorganize a system to facilitate the temporary admission of goodsin accordance with the following provisions:ARTICLE 1The protocol on the organization of a system of international c-ustoms deposits with China-Taiwan for temporary admission of go-ods, its enclosures and all the conventions and texts mentionedtherein are an integrant part of the present agreement.ARTICLE 2The management of the present agreement is ensured by the parti-es to the agreement.The administration and management of the protocol are ensured bythe International Bureau of Chambers of Commerce of the Interna-tional Chamber of Commerce.All matters pertaining to the interpretation and implementationof the protocol shall be settled with the participation of theparties to the agreement.ARTICLE 3The present agreement will enter into force on the date followi-ng its signature by the two parties.It will be applicable upon signature of the protocol by the Sto-ckholm Chamber of Commerce, by the China External Trade Develop-ment Council for China-Taiwan and by the International Bureau ofChambers of Commerce of the International Chamber of Commerce.The International Bureau of Chambers of Commerce of the Interna-tional Chamber of Commerce will inform the parties about the da-te when all the required signatures will have been collected forthe applicability of the agreement.ARTICLE 4As of its date of applicability, in accordance with the provisi-ons of the above-mentionedArticle 3 §3, this agreement will be valid for a period of 2 y-ears. This period will be renewable by tacit agreement, exceptif riotice of termination is given 3 months before the date ofexpiry by anyone party by the means ofia registered letterwithacknowledgment of receipt.In witness whereof the undersigned, duly authorized by their re-spective governments, have signed this agreement.Done at Stockholm on January 10, 1994For the Taipei Trade TourismFor the Swedish Trade Council& Information Office[Signed] [Signed]Giiran HolmquistMing-Shing Chan PresidentRepresentative