Page:United States Statutes at Large Volume 54 Part 2.djvu/1152

 2373 54 STAT.] U. S. S. R .-OOMMERCIAL RELATIONS-AUG. 6, 1940 Accordingly, natural or manufactured products having their origin in the Union of Soviet Socialist Republics shall in no case be sub- ject, in regard to the matters referred to above, to any duties, taxes or charges other or higher, or to any rules or formalities other or more burdensome, than those to which the like products having their origin in any third country are or may hereafter be subject. Similarly, natural or manufactured products exported from the territory of the United States of America and consigned to the territory of the Union of Soviet Socialist Republics shall in no case be subject with respect to exportation and in regard to the above- mentioned matters, to any duties, taxes, or charges other or higher, or to any rules or formalities other or more burdensome, than those to which the like products when consigned to the territory of any third country are or may hereafter be subject. Any advantage, favor, privilege or immunity which has been or may hereafter be granted by the United States of America in regard to the above-mentioned matters, to a natural or manufactured prod- uct originating in any third country or consigned to the territory of any third country shall be accorded immediately and without com- pensation to the like product originating in or consigned to the territory of the Union of Soviet Socialist Republics. It is understood that so long as and in so far as existing law of the United States of America may otherwise require, the foregoing pro- visions, in so far as they would otherwise relate to duties, taxes or charges on coal, coke manufactured therefrom, or coal or coke bri- quettes, shall not apply to such products imported into the United States of America. If the law of the United States of America shall not permit the complete operation of the foregoing provisions with respect to the above-mentioned products, the Union of Soviet So- cialist Republics reserves the right within fifteen days after January 1, 1938, to terminate this agreement in its entirety on thirty days' written notice. It is understood, furthermore, that the advantages now accorded or which may hereafter be accorded by the United States of America, its territories or possessions, the Philippine Islands, or the Panama Canal Zone to one another or to the Republic of Cuba shall be ex- cepted from the operation of this agreement. Nothing in this agreement shall be construed to prevent the adop- tion of measures prohibiting or restricting the exportation or im- portation of gold or silver, or to prevent the adoption of such meas- ures as the Government of the United States of America may see fit with respect to the control of the export or sale for export of arms, ammunition, or implements of war, and, in exceptional cases, all other military supplies. It is understood that any action which may be taken by the President of the United States of America under the authority of Section 2 (b) of the Neutrality Act of 1937 in re- gard to the passage to title to goods shall not be considered as con- travening any of the provisions of this agreement relating to the exportation of natural or manufactured products from the territory of the United States of America.

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