Page:United States Statutes at Large Volume 56 Part 2.djvu/415

 1496 Terms and condi- tions of benefits. 65 Stat. 31 . 22 U. S. C., Supp. I, §§ 411-419. 55 Stat. 1603. Effective date; dura- tion. INTERNATIONAL AGREEMENTS OTHER THAN TREATIES [56 STAT. ARTICLE VII In the final determination of the benefits to be provided to the United States of America by the Government of the Republic of China in return for aid furnished under the Act of Congress of March 11, 1941, the terms and conditions thereof shall be such as not to burden commerce between the two countries, but to promote mutually advantageous economic relations between them and the betterment of world-wide economic relations. To that end, they shall include provision for agreed action by the United States of America and the Republic of China, open to participation by all other countries of like mind, directed to the expansion, by appropriate international and domestic measures, of production, employment, and the exchange and consumption of goods, which are the material foundations of the liberty and welfare of all peoples; to the elimination of all forms of discriminatory treatment in international commerce; to the reduction of tariffs and other trade barriers; and, in general, to the attainment of economic objectives identical with those set forth in the Joint Declaration made on August 14, 1941, by the President of the United States of America and the Prime Minister of the United Kingdom. At an early convenient date, conversations shall be begun between the two Governments with a view to determining, in the light of governing economic conditions, the best means of attaining the above-stated objectives by their own agreed action and of seeking the agreed action of other like-minded Governments. ARTICLE VIII This Agreement shall take effect as from this day's date. It shall continue in force until a date to be agreed upon by the two Govern- ments. Signed and sealed at Washington in duplicate this second day of June, 1942. FOR THE GOVERNMENT OF THE UNITED STATES OF AMERICA CORDELL HULL [SEAL] Secretary of State of the United States of America FOR THE GOVERNMENT OF THE REPUBLIC OF CHINA TSE VUNG SOONG [SEAL] Ministerfor Foreign Affairs of China

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