126. Editorial Note

On July 15 Assistant Secretary Holland testified before the Senate Foreign Relations Committee on behalf of the Treaty of Mutual Understanding and Cooperation and the Memorandum of Understandings reached between the United States and Panama, signed at Panama City on January 25. For text of his remarks, see Department of State Bulletin, August 1, 1955, pages 185–188. On July 29, the Senate formally ratified the treaty.

On August 23 in Washington, Secretary of State Dulles and Panamanian Ambassador to the United States Joaquín José Vallarino exchanged the instruments of ratification with respect to the treaty and the accompanying memorandum of understanding. Under the terms of the treaty and the memorandum, they entered into force immediately upon the exchange of the instruments of ratification.