Page:United States Statutes at Large Volume 49 Part 2.djvu/1799

 COMMERCIAL RELATIONS-U. S. S. R. JULY 13, 1935. 3805 Commercial agreement between the United States of America and the ____ July]~.__ l93.s. __ _ _ Un'ion of So~viet Socialist Republics. Elfected by exchange of notes, signed July 13, 1935; effective July 13, 1935. The American Ambassador (Bullitt) to the People's Oommissar' lor Foreign Affairs (Litviwff) EMBASSY OF THE UNITED STATF.8 OF AMERICA, illoscow, July 13, 1935. EXCELLENCY: I have the honor to refer to recent conversations in regard to com- CommHcial, etc., merce between the United States of America and the Union of Soviet 19:03, 19 November 2014 (UTC)r~ovr~:U S.I'RbI' dId fhU. d 1stRepublics. OCIa 1St epu ICS an to t Ie tra e agreements program 0 t e mte States of America, and to confirm and to make of record by this note the following agreement which has been r<'ached between the Govern- ments of our respective countries: 1. The duties proclaimed by the President of the United States of America pursuant to trade agreements entered into with foreign governments or instrumentalities thereof under the authority of the Act entitled, "An Act to Amend the Tariff Act of 1930 ", approved Vol. 48, p- 943. June 12, 1934, shall be applied to articles the growth, produce, or manufacture of the Union of Soviet Socialist RepUblics as long as this Agreement remains in force. It is understood that nothing in this Agreement shall be construed to require the application to articles the growth, produce, or manufacture of the Union of Soviet Socialist Republics of duties or exemptions from duties proclaimed pursuant to any trade agreement between the United States of America and the Republic of Cuba, which has been or may hereafter be concluded. 2. On its part, the Government of the Union of Soviet Socialist Republics will take steps to increase substantially the amount of pur- chases in the United States of America for export to the Union of Soviet Socialist Republics of articles the growth, produce, or manu- facture of the United States of America. 3. This Agreement shall come into force on the date of signature thereof. It shall continue in effect for 12 months. Both parties agree that not less than 30 days prior to the expiration of the aforesaid period of 12 months, they shall start negotiations regarding the exten- sion of the period during which the present Agreement shall continue in force. Accept, Excellency, the renewed assurances of my highest consideration. His Excellency \VI1LIAM C. BULLITT MAXUI M. LITVINOV, People's 007TlJlTllissar for Foreign Affairs, Moscow.