Page:United States Statutes at Large Volume 105 Part 3.djvu/759

 PROCLAMATION 6320—AUG. 2, 1991 105 STAT. 2643 AGREEMENT ON TRADE RELATIONS BETWEEN THE UNITED STATES OF AMERICA AND THE UNION OF SOVIET SOCIAUST REPUBLICS The United States of America and the Union of Soviet Socialist Republics (hereinafter referred to collectively as "Parties" and individually as "Party"). Recognizing that the development of bilateral trade may contribute to better mutual understanding and cooperation, Taking into account the favorable implications for trade expansion of the economic restnictiu-ing and the development of a market-based economy in the USSR, Considering that expanded trade relations between the Parties will contribute to the general well-being of the peoples of each Party, and promote respect for internationaly recognized rights of working people. Acknowledging that the development of trade relations and direct contact between Soviet organizations and United States nationals and companies will promote openness and mutual understanding. Considering that economic ties are an important and necessary element in the strengthening of their bilateral relations. Reaffirming their desire to develop economic cooperation in accordance with the principles and provisions of the Final Act signed in Helsinki on the 1st of August, 1975, and other documents of the Conference on Security and Cooperation in Europe, and in accordance with the Docimient of the Conference on Economic Cooperation in Europe held in Bonn in March-April 1990, Being convinced that an agreement on trade relations between the two Parties will best serve their mutual interests, and Desiring to create a framework which will foster the development and expansion of commercial ties between Soviet organizations and United States nationals and companies. Have agreed as follows: Article I.—Most Favored Nation and Nondiscriminatory Treatment 1. Each Party shall accord tmconditionally to products originating in or exported to the territory of the other Party treatment no less favorable than that accorded to like products originating in or exported to the territory of any third country in all matters relating to: (a) customs duties and charges of any kind imposed on or in connection with importation or exportation, including the method of levying such duties and charges; (b) methods of payment for imports and exports, and the international transfer of such payments; (c) rules and formalities in connection with importation and exportation, including those relating to customs clearance, transit, warehouses and transhipment;

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